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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Colombian Peso/US Dollar (FOREX:COPUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPUSD
Open High Low COPUSD Price Change
0.000299 0.000299 0.000297 0.000297 -0.000002
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term down The long term trend has been DOWN since May 7th, 2019 at 0.000307

intermediate term down The intermediate term trend has been DOWN since Jul 29th, 2019 at 0.000310

short term down The short term trend has been DOWN since Sep 12th, 2019 at 0.000296

Smart Scan Analysis for COPUSD

Based on a pre-defined weighted trend formula for chart analysis, COPUSD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000299 0.000299 0.000297 0.000297 -0.000002
Prev. Close Volume Bid Ask Time
0.000299 0.000293 0.000301 2019-09-15 20:11:55
Want to analyze Colombian Peso/US Dollar COPUSD or another symbol? Try our Free Forex Trend Analysis Report.