Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
Canadian Dollar/Colombian Peso (FOREX:CADCOP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for CADCOP
The long term trend has been UP since Aug 14th, 2018 at 2258.90
The intermediate term trend has been DOWN since Jan 9th, 2019 at 2371.35
The short term trend has been DOWN since Feb 19th, 2019 at 2366.40
Smart Scan Analysis for CADCOP
Based on a pre-defined weighted trend formula for chart analysis, CADCOP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2365.05 | 2365.05 | 2365.05 | 2365.05 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2365.05 | 2331.60 | 2398.50 | 2019-02-19 08:51:47 |