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Forex Trend Analysis Report

Prepared for you on Sunday, October 25, 2020.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Long-Term Uptrend (+90) - COPBRL is in a strong uptrend that is likely to continue. While COPBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_COPBRL
Open High Low COPBRL Price Change
0.00148075 0.00149003 0.00147205 0.00148695 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term up The long-term trend has been UP since Apr 15th, 2020 at 0.00136465

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2020 at 0.00146818

short term up The short-term trend has been UP since Oct 15th, 2020 at 0.00146369

Smart Scan Analysis for COPBRL

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

+90
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00148075 0.00149003 0.00147205 0.00148695 +0.00000600
Prev. Close Volume Bid Ask Time
0.00148075 2020-10-23 17:00:04
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