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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 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
0.00538665 0.00539534 0.00538646 0.00539406 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Oct 1st, 2021 at 0.00539611

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 0.00528406

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.00548858

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
0.00538665 0.00539534 0.00538646 0.00539406 +0.00000700
Prev. Close Volume Bid Ask Time
0.00538665 2021-10-17 18:57:44
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