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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Canadian Dollar/Colombian Peso (FOREX:CADCOP)

Countertrend Up (+85) - CADCOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
3091.4663 3091.4663 3091.4663 3091.4663 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term up The long-term trend has been UP since May 5th, 2022 at 3111.9067

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2022 at 3002.8192

short term up The short-term trend has been UP since Jun 22nd, 2022 at 3004.3392

Smart Scan Analysis for CADCOP

Based on our trend formula, CADCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3091.4663 3091.4663 3091.4663 3091.4663 0.0000
Prev. Close Volume Bid Ask Time
3091.4663 2022-06-22 21:08:42
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