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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Colombian Peso/Brazilian Real (FOREX:COPBRL)
Crossroads (-60) - COPBRL 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 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.
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MarketClub’s Trade Triangles for COPBRL
The long-term trend has been UP since May 30th, 2023 at 0.00113741
The intermediate-term trend has been DOWN since Apr 25th, 2024 at 0.00130168
The short-term trend has been DOWN since May 6th, 2024 at 0.00130199
Smart Scan Analysis for COPBRL
Based on our trend formula, COPBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00131218 | 0.00131218 | 0.00129639 | 0.00129910 | -0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00131218 | 2024-05-06 15:56:39 |