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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Mexican Peso/Colombian Peso (FOREX:MXNCOP)

Bull Market Weakness (+75) - MXNCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNCOP as it may be in the beginning stages of a reversal.

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.

FOREX_MXNCOP
Open High Low MXNCOP Price Change
170.47497 170.47497 170.47497 170.47497 0.00000
Entry Signal

MarketClub’s Trade Triangles for MXNCOP

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 171.33073

intermediate term up The intermediate-term trend has been UP since May 25th, 2020 at 167.36556

short term up The short-term trend has been UP since May 14th, 2020 at 163.12581

Smart Scan Analysis for MXNCOP

Based on our trend formula, MXNCOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MXNCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.47497 170.47497 170.47497 170.47497 0.00000
Prev. Close Volume Bid Ask Time
170.47497 168.41420 172.53573 2020-05-26 07:14:37
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