Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
US Dollar/Colombian Peso (FOREX:USDCOP)
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.
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MarketClub’s Trade Triangles for USDCOP
The long term trend has been DOWN since Feb 1st, 2019 at 3117.60
The intermediate term trend has been DOWN since Jan 8th, 2019 at 3173.60
The short term trend has been DOWN since Feb 19th, 2019 at 3142.15
Smart Scan Analysis for USDCOP
Based on a pre-defined weighted trend formula for chart analysis, USDCOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3123.1 | 3123.1 | 3123.1 | 3123.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3123.1 | 3121.4 | 3124.8 | 2019-02-21 12:59:55 |