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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

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_ARSCOP
Open High Low ARSCOP Price Change
156.845 156.845 156.710 156.710 -0.135
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 up The intermediate term trend has been UP since Jan 10th, 2018 at 154.995

short term down The short term trend has been DOWN since Jan 7th, 2018 at 171.055

Smart Scan Analysis for ARSCOP

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

-75
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
156.845 156.845 156.710 156.710 -0.135
Prev. Close Volume Bid Ask Time
150.405 154.470 158.950 2018-01-10 21:30:40
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