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Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

Colombian Peso/US Dollar (FOREX:COPUSD)

Crossroads (+60) - COPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_COPUSD
Open High Low COPUSD Price Change
0.00025160 0.00025173 0.00025128 0.00025132 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term down The long-term trend has been DOWN since Nov 29th, 2021 at 0.00024977

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2022 at 0.00025238

short term up The short-term trend has been UP since Jan 21st, 2022 at 0.00025077

Smart Scan Analysis for COPUSD

Based on our trend formula, COPUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00025160 0.00025173 0.00025128 0.00025132 0.00000000
Prev. Close Volume Bid Ask Time
0.00025160 2022-01-24 06:16:15
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