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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.

FOREX_COPMXN
Open High Low COPMXN Price Change
0.00627618 0.00627618 0.00619737 0.00621321 -0.00006300
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Apr 5th, 2020 at 0.00627387

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2020 at 0.00619454

short term up 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).

+100
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00627618 0.00627618 0.00619737 0.00621321 -0.00006300
Prev. Close Volume Bid Ask Time
0.00627618 0.00621142 0.00621499 2020-07-12 16:03:00
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