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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low ARSCOP Price Change
104.93 104.93 104.93 104.93 0.00
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term down The long term trend has been DOWN since Jan 7th, 2018 at 167.350

intermediate term down The intermediate term trend has been DOWN since May 13th, 2018 at 136.715

short term up The short term trend has been UP since Jul 10th, 2018 at 103.605

Smart Scan Analysis for ARSCOP

Based on a pre-defined weighted trend formula for chart analysis, ARSCOP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.93 104.93 104.93 104.93 0.00
Prev. Close Volume Bid Ask Time
104.93 103.36 106.50 2018-07-15 20:25:47
Want to analyze Argentine Peso/Colombian Peso ARSCOP or another symbol? Try our Free Forex Trend Analysis Report.