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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_AUDCLP
Open High Low AUDCLP Price Change
494.065 496.440 494.060 496.180 +2.115
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long term trend has been UP since Jun 4th, 2018 at 484.460

intermediate term up The intermediate term trend has been UP since Aug 20th, 2018 at 489.190

short term up The short term trend has been UP since Sep 18th, 2018 at 494.225

Smart Scan Analysis for AUDCLP

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

+100
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
494.065 496.440 494.060 496.180 +2.115
Prev. Close Volume Bid Ask Time
494.065 496.160 496.200 2018-09-19 08:30:53
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