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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Colombian Peso (FOREX:EURCOP)

Strong Downtrend (-100) - EURCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURCOP continues to fall. Traders should use caution and set stops.

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
4171.8 4171.8 4171.8 4171.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term down The long-term trend has been DOWN since Apr 13th, 2023 at 4925.6

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 4252.5

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 4271.7

Smart Scan Analysis for EURCOP

Based on our trend formula, EURCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4171.8 4171.8 4171.8 4171.8 0.0
Prev. Close Volume Bid Ask Time
4171.8 2024-03-28 23:30:00
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