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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Argentine Peso/Chilean Peso (FOREX:ARSCLP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_ARSCLP
Open High Low ARSCLP Price Change
18.070 18.070 18.070 18.070 0.000
Entry Signal

MarketClub’s Trade Triangles for ARSCLP

long term down The long term trend has been DOWN since Jan 9th, 2018 at 35.9005

intermediate term down The intermediate term trend has been DOWN since Nov 21st, 2018 at 18.6405

short term up The short term trend has been UP since Dec 3rd, 2018 at 17.8625

Smart Scan Analysis for ARSCLP

Based on a pre-defined weighted trend formula for chart analysis, ARSCLP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ARSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.070 18.070 18.070 18.070 0.000
Prev. Close Volume Bid Ask Time
18.070 17.743 18.397 2018-12-13 20:57:26
Want to analyze Argentine Peso/Chilean Peso ARSCLP or another symbol? Try our Free Forex Trend Analysis Report.