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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Countertrend Up (+85) - COPMXN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid COPMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for COPMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_COPMXN
Open High Low COPMXN Price Change
0.00569393 0.00576315 0.00568743 0.00576290 +0.00006900
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Dec 21st, 2020 at 0.00596614

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2021 at 0.00579023

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 0.00573235

Smart Scan Analysis for COPMXN

Based on our trend formula, COPMXN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00569393 0.00576315 0.00568743 0.00576290 +0.00006900
Prev. Close Volume Bid Ask Time
0.00569393 2021-02-25 06:33:26
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