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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Weak Downtrend (-65) - CLPCOP is showing signs of a strengthening downtrend. Monitor CLPCOP as it may be building momentum to the downside.

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

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

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

FOREX_CLPCOP
Open High Low CLPCOP Price Change
4.2973366 4.2973366 4.2973366 4.2973366 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term up The long-term trend has been UP since May 12th, 2024 at 4.1739053

intermediate term down The intermediate-term trend has been DOWN since Jul 21st, 2024 at 4.3129391

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 4.3416692

Smart Scan Analysis for CLPCOP

Based on our trend formula, CLPCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2973366 4.2973366 4.2973366 4.2973366 0.0000000
Prev. Close Volume Bid Ask Time
4.2688176 2024-07-21 21:00:39
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