Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
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.
MarketClub’s Trade Triangles for COPBRL
The long-term trend has been UP since Apr 15th, 2020 at 0.00136465
The intermediate-term trend has been DOWN since Jan 26th, 2021 at 0.00149122
The short-term trend has been DOWN since Feb 19th, 2021 at 0.00152112
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).