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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Mexican Peso/Colombian Peso (FOREX:MXNCOP)
Weak Downtrend (-65) - MXNCOP is showing signs of a strengthening downtrend. Monitor MXNCOP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MXNCOP
The long-term trend has been DOWN since Jun 4th, 2024 at 226.38114
The intermediate-term trend has been UP since Sep 15th, 2024 at 210.66318
The short-term trend has been DOWN since Oct 17th, 2024 at 214.35992
Smart Scan Analysis for MXNCOP
Based on our trend formula, MXNCOP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 214.6657 | 214.6657 | 214.6657 | 214.6657 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 216.8248 | 2024-10-22 07:25:24 |