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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
US Dollar/Colombian Peso (FOREX:USDCOP)
Weak Downtrend (-65) - USDCOP is showing signs of a strengthening downtrend. Monitor USDCOP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCOP.
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 USDCOP
The long-term trend has been UP since Jun 9th, 2024 at 3967.2600
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 4312.1300
The short-term trend has been DOWN since Jan 2nd, 2025 at 4398.4079
Smart Scan Analysis for USDCOP
Based on our trend formula, USDCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4307.25 | 4311.25 | 4283.50 | 4286.45 | -20.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4307.25 | 2025-01-14 19:03:26 |