Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
Euro/Colombian Peso (FOREX:EURCOP)
Crossroads (-60) - EURCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURCOP
The long-term trend has been DOWN since Mar 3rd, 2022 at 4385.4
The intermediate-term trend has been UP since May 5th, 2022 at 4166.3
The short-term trend has been UP since May 5th, 2022 at 4175.7
Smart Scan Analysis for EURCOP
Based on our trend formula, EURCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4288.2 | 4288.2 | 4288.2 | 4288.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4288.2 | 2022-05-19 07:25:41 |