Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

Canadian Dollar/Colombian Peso (FOREX:CADCOP)

Long-Term Downtrend (-90) - CADCOP is in a strong downtrend that is likely to continue. While CADCOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_CADCOP
Open High Low CADCOP Price Change
3001.6439 3001.6439 3001.6439 3001.6439 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term down The long-term trend has been DOWN since Sep 2nd, 2021 at 2988.1092

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 3093.3177

short term down The short-term trend has been DOWN since Sep 2nd, 2021 at 2998.3817

Smart Scan Analysis for CADCOP

Based on our trend formula, CADCOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3001.6439 3001.6439 3001.6439 3001.6439 0.0000
Prev. Close Volume Bid Ask Time
3038.2351 2021-09-21 21:07:38
Get a free daily analysis and signals for Canadian Dollar/Colombian Peso (CADCOP) - Request Your Free Report.