Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Australian Dollar/Chilean Peso (FOREX:AUDCLP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for AUDCLP
The long term trend has been UP since Jun 4th, 2018 at 484.460
The intermediate term trend has been DOWN since Jun 18th, 2018 at 469.055
The short term trend has been UP since Jun 22nd, 2018 at 474.250
Smart Scan Analysis for AUDCLP
Based on a pre-defined weighted trend formula for chart analysis, AUDCLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).