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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Euro/Colombian Peso (FOREX:EURCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_EURCOP
Open High Low EURCOP Price Change
3818.2 3818.2 3818.2 3818.2 0.0
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 up The intermediate term trend has been UP since Oct 10th, 2019 at 3779.5

short term up The short term trend has been UP since Oct 10th, 2019 at 3777.5

Smart Scan Analysis for EURCOP

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

+80
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3818.2 3818.2 3818.2 3818.2 0.0
Prev. Close Volume Bid Ask Time
3818.2 3768.2 3868.2 2019-10-13 05:13:07
Want to analyze Euro/Colombian Peso EURCOP or another symbol? Try our Free Forex Trend Analysis Report.