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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Chilean Peso/Australian Dollar (FOREX:CLPAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_CLPAUD
Open High Low CLPAUD Price Change
0.002036 0.002054 0.002031 0.002046 +0.000010
Entry Signal

MarketClub’s Trade Triangles for CLPAUD

long term down The long term trend has been DOWN since Jul 3rd, 2018 at 0.002060

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2018 at 0.002044

short term down The short term trend has been DOWN since Aug 13th, 2018 at 0.002081

Smart Scan Analysis for CLPAUD

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

-100
Smart Scan Analysis for CLPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.002036 0.002054 0.002031 0.002046 +0.000010
Prev. Close Volume Bid Ask Time
0.002036 0.002046 0.002046 2018-08-21 16:05:16
Want to analyze Chilean Peso/Australian Dollar CLPAUD or another symbol? Try our Free Forex Trend Analysis Report.