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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Canadian Dollar/Colombian Peso (FOREX:CADCOP)

Crossroads (-60) - CADCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2554.1891 2554.1891 2554.1891 2554.1891 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term down The long-term trend has been DOWN since Dec 29th, 2019 at 2509.4864

intermediate term up The intermediate-term trend has been UP since Jan 16th, 2020 at 2534.0022

short term up The short-term trend has been UP since Feb 11th, 2020 at 2582.8165

Smart Scan Analysis for CADCOP

Based on our trend formula, CADCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2554.1891 2554.1891 2554.1891 2554.1891 0.0000
Prev. Close Volume Bid Ask Time
2554.1891 2519.2509 2589.1272 2020-02-20 07:21:22
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