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.

FOREX_USDCOP
Open High Low USDCOP Price Change
3123.1 3123.1 3123.1 3123.1 0.0
Entry Signal

MarketClub’s Trade Triangles for USDCOP

long term down The long term trend has been DOWN since Feb 1st, 2019 at 3117.60

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2019 at 3173.60

short term down 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).

-90
Smart Scan Analysis for USDCOP
Strong Downtrend Sideways 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
Want to analyze US Dollar/Colombian Peso USDCOP or another symbol? Try our Free Forex Trend Analysis Report.