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.
MarketClub’s Trade Triangles for COPUSD
The long-term trend has been UP since Nov 10th, 2020 at 0.00027453
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.00026605
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).