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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Euro/Colombian Peso (FOREX:EURCOP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_EURCOP
Open High Low EURCOP Price Change
3591 3591 3591 3591 0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term up The long term trend has been UP since May 2nd, 2019 at 3601.4

intermediate term down The intermediate term trend has been DOWN since Jun 16th, 2019 at 3688.9

short term down The short term trend has been DOWN since May 30th, 2019 at 3758.5

Smart Scan Analysis for EURCOP

Based on a pre-defined weighted trend formula for chart analysis, EURCOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3591 3591 3591 3591 0
Prev. Close Volume Bid Ask Time
3591 3541 3641 2019-07-17 09:03:51
Want to analyze Euro/Colombian Peso EURCOP or another symbol? Try our Free Forex Trend Analysis Report.