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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Strong Uptrend (+100) - COPCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COPCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.00035705 0.00035705 0.00035705 0.00035705 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.00034422

intermediate term up The intermediate-term trend has been UP since May 21st, 2024 at 0.00035503

short term up The short-term trend has been UP since May 5th, 2024 at 0.00035168

Smart Scan Analysis for COPCAD

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

+100
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00035705 0.00035705 0.00035705 0.00035705 0.00000000
Prev. Close Volume Bid Ask Time
0.00035705 2024-05-23 07:26:11
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