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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

British Pound/Colombian Peso (FOREX:GBPCOP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.

Open High Low GBPCOP Price Change
4064.5 4080.2 4064.5 4064.5 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term up The long term trend has been UP since Aug 31st, 2018 at 3920.0

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2019 at 4026.7

short term up The short term trend has been UP since Feb 15th, 2019 at 4038.0

Smart Scan Analysis for GBPCOP

Based on a pre-defined weighted trend formula for chart analysis, GBPCOP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4064.5 4080.2 4064.5 4064.5 0.0
Prev. Close Volume Bid Ask Time
4064.5 4007.1 4121.9 2019-02-23 07:41:31
Want to analyze British Pound/Colombian Peso GBPCOP or another symbol? Try our Free Forex Trend Analysis Report.