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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_ARSPEN
Open High Low ARSPEN Price Change
0.209505 0.210485 0.209465 0.210105 +0.000600
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term up The long term trend has been UP since Apr 12th, 2017 at 0.214455

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2017 at 0.209905

short term down The short term trend has been DOWN since Apr 18th, 2017 at 0.214070

Smart Scan Analysis for ARSPEN

Based on a pre-defined weighted trend formula for chart analysis, ARSPEN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.209505 0.210485 0.209465 0.210105 +0.000600
Prev. Close Volume Bid Ask Time
0.209505 0.209980 0.210230 2017-04-24 14:28:24
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