Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.00038029 0.00038029 0.00038029 0.00038029 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term down The long term trend has been DOWN since Nov 28th, 2019 at 0.00038041

intermediate term down The intermediate term trend has been DOWN since Nov 28th, 2019 at 0.00038373

short term up The short term trend has been UP since Dec 4th, 2019 at 0.00037911

Smart Scan Analysis for COPCAD

Based on a pre-defined weighted trend formula for chart analysis, COPCAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00038029 0.00038029 0.00038029 0.00038029 0.00000000
Prev. Close Volume Bid Ask Time
0.00038093 0.00037535 0.00038523 2019-12-05 20:00:16
Want to analyze Colombian Peso/Canadian Dollar COPCAD or another symbol? Try our Free Forex Trend Analysis Report.