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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Sidelines Mode (+55) - COPBRL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.00108729 0.00108931 0.00108638 0.00108931 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long-term trend has been DOWN since Jan 3rd, 2022 at 0.00136829

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.00110606

short term down The short-term trend has been DOWN since Mar 16th, 2023 at 0.00108680

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00108729 0.00108931 0.00108638 0.00108931 +0.00000200
Prev. Close Volume Bid Ask Time
0.00108729 2023-03-22 05:18:34
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