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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

Brazilian Real/Colombian Peso (FOREX:BRLCOP)

Strong Uptrend (+100) - BRLCOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLCOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid BRLCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLCOP
Open High Low BRLCOP Price Change
730.17 740.73 730.04 737.09 +6.92
Entry Signal

MarketClub’s Trade Triangles for BRLCOP

long term up The long-term trend has been UP since Jan 19th, 2022 at 733.21

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2021 at 710.87

short term up The short-term trend has been UP since Jan 26th, 2022 at 730.30

Smart Scan Analysis for BRLCOP

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

+100
Smart Scan Analysis for BRLCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
730.17 740.73 730.04 737.09 +6.92
Prev. Close Volume Bid Ask Time
730.17 2022-01-28 16:33:38
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