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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
British Pound/Colombian Peso (FOREX:GBPCOP)
Bear Market Rally (-75) - GBPCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCOP as it may be in the beginning of a reversal.
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 Apr 12th, 2023 at 5613.6672
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 4965.0897
The short-term trend has been UP since Apr 17th, 2024 at 4775.1822
Smart Scan Analysis for GBPCOP
Based on our trend formula, GBPCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4857.3266 | 4857.3266 | 4857.3266 | 4857.3266 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4857.3266 | 2024-04-18 07:26:27 |