Forex Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Strong Uptrend (+100) - COPMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COPMXN 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 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.
MarketClub’s Trade Triangles for COPMXN
The long-term trend has been UP since Apr 5th, 2020 at 0.00627387
The intermediate-term trend has been UP since Jun 29th, 2020 at 0.00619454
The short-term trend has been UP since Jul 7th, 2020 at 0.00619425
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).