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Forex Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
British Pound/Colombian Peso (FOREX:GBPCOP)
Weak Downtrend (-65) - GBPCOP is showing signs of a strengthening downtrend. Monitor GBPCOP as it may be building momentum to the downside.
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 UP since Jun 5th, 2024 at 5022.2552
The intermediate-term trend has been DOWN since Nov 20th, 2024 at 5592.7085
The short-term trend has been DOWN since Nov 22nd, 2024 at 5573.9948
Smart Scan Analysis for GBPCOP
Based on our trend formula, GBPCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5496.9804 | 5496.9804 | 5496.9804 | 5496.9804 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5493.8442 | 2024-11-22 07:25:19 |