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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low AUDCLP Price Change
488.650 491.550 486.675 491.545 +2.895
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long term trend has been UP since Nov 13th, 2018 at 499.740

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 484.685

short term up The short term trend has been UP since Dec 11th, 2018 at 489.405

Smart Scan Analysis for AUDCLP

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

Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
488.650 491.550 486.675 491.545 +2.895
Prev. Close Volume Bid Ask Time
488.650 491.520 491.570 2018-12-11 12:36:01
Want to analyze Australian Dollar/Chilean Peso AUDCLP or another symbol? Try our Free Forex Trend Analysis Report.