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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

British Pound/Colombian Peso (FOREX:GBPCOP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_GBPCOP
Open High Low GBPCOP Price Change
3984.4 3984.4 3984.4 3984.4 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term down The long term trend has been DOWN since Jun 23rd, 2019 at 4049.75

intermediate term down The intermediate term trend has been DOWN since Jun 6th, 2019 at 4201.30

short term down The short term trend has been DOWN since May 30th, 2019 at 4256.85

Smart Scan Analysis for GBPCOP

Based on a pre-defined weighted trend formula for chart analysis, GBPCOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3984.4 3984.4 3984.4 3984.4 0.0
Prev. Close Volume Bid Ask Time
3984.5 3928.6 4040.2 2019-07-19 08:39:08
Want to analyze British Pound/Colombian Peso GBPCOP or another symbol? Try our Free Forex Trend Analysis Report.