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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Colombian Peso/US Dollar (FOREX:COPUSD)

Long-Term Uptrend (+90) - COPUSD is in a strong uptrend that is likely to continue. While COPUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00028338 0.00028476 0.00028302 0.00028404 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term up The long-term trend has been UP since Nov 10th, 2020 at 0.00027453

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 0.00026605

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.00027530

Smart Scan Analysis for COPUSD

Based on our trend formula, COPUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00028338 0.00028476 0.00028302 0.00028404 +0.00000100
Prev. Close Volume Bid Ask Time
0.00028338 2020-12-03 14:56:18
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