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.

FOREX_EURCOP
Open High Low EURCOP Price Change
4288.2 4288.2 4288.2 4288.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term down The long-term trend has been DOWN since Mar 3rd, 2022 at 4385.4

intermediate term up The intermediate-term trend has been UP since May 5th, 2022 at 4166.3

short term up 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).

-60
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Euro/Colombian Peso (EURCOP) - Request Your Free Report.