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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Colombian Peso (FOREX:USDCOP)
Weak Uptrend (+65) - USDCOP is showing signs of weakening momentum to the upside. Monitor USDCOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCOP.
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 USDCOP
The long-term trend has been UP since Jun 9th, 2024 at 3967.26
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 4063.50
The short-term trend has been UP since Jul 16th, 2024 at 3991.49
Smart Scan Analysis for USDCOP
Based on our trend formula, USDCOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for USDCOP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
4031.50 | 4043.78 | 4002.38 | 4032.47 | +0.97 |
Prev. Close | Volume | Bid | Ask | Time |
4031.50 | 2024-07-26 16:41:40 |