Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Colombian Peso/Canadian Dollar (FOREX:COPCAD)
Weak Downtrend (-65) - COPCAD is showing signs of a strengthening downtrend. Monitor COPCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid COPCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPCAD
The long-term trend has been UP since Jul 13th, 2020 at 0.00037570
The intermediate-term trend has been DOWN since Jul 27th, 2020 at 0.00036889
The short-term trend has been DOWN since Jul 21st, 2020 at 0.00037344
Smart Scan Analysis for COPCAD
Based on our trend formula, COPCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).