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Forex Trend Analysis Report

Prepared for you on Wednesday, January 24, 2018.

Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)

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_ARSPEN
Open High Low ARSPEN Price Change
0.166540 0.166545 0.166470 0.166545 +0.000005
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term down The long term trend has been DOWN since Dec 21st, 2017 at 0.182340

intermediate term down The intermediate term trend has been DOWN since Dec 15th, 2017 at 0.184545

short term down The short term trend has been DOWN since Jan 16th, 2018 at 0.171330

Smart Scan Analysis for ARSPEN

Based on a pre-defined weighted trend formula for chart analysis, ARSPEN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.166540 0.166545 0.166470 0.166545 +0.000005
Prev. Close Volume Bid Ask Time
0.166540 0.166500 0.166590 2018-01-24 05:00:31
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