Forex Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Colombian Peso/US Dollar (FOREX:COPUSD)
Weak Downtrend (-65) - COPUSD is showing signs of a strengthening downtrend. Monitor COPUSD as it may be building momentum to the downside.
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 DOWN since Mar 1st, 2021 at 0.00027553
The intermediate-term trend has been DOWN since Apr 27th, 2021 at 0.00027213
The short-term trend has been UP since May 9th, 2021 at 0.00026509
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).