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Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
British Pound/Colombian Peso (FOREX:GBPCOP)
Long-Term Downtrend (-90) - GBPCOP is in a strong downtrend that is likely to continue. While GBPCOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPCOP
The long-term trend has been DOWN since Jan 6th, 2025 at 5496.3000
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 5547.2248
The short-term trend has been DOWN since Dec 15th, 2024 at 5626.2229
Smart Scan Analysis for GBPCOP
Based on our trend formula, GBPCOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5241.2278 | 5241.2278 | 5241.2278 | 5241.2278 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5301.1777 | 2025-01-14 07:25:23 |