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.
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 UP since Oct 1st, 2020 at 0.00146818
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).