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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Chilean Peso/Brazilian Real (FOREX:CLPBRL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_CLPBRL
Open High Low CLPBRL Price Change
0.00592 0.00592 0.00592 0.00592 0.00000
Entry Signal

MarketClub’s Trade Triangles for CLPBRL

long term up The long term trend has been UP since Dec 13th, 2017 at 0.005060

intermediate term up The intermediate term trend has been UP since May 20th, 2018 at 0.005795

short term up The short term trend has been UP since Jun 21st, 2018 at 0.005870

Smart Scan Analysis for CLPBRL

Based on a pre-defined weighted trend formula for chart analysis, CLPBRL scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for CLPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00592 0.00592 0.00592 0.00592 0.00000
Prev. Close Volume Bid Ask Time
0.00592 0.00581 0.00603 2018-06-21 20:51:14
Want to analyze Chilean Peso/Brazilian Real CLPBRL or another symbol? Try our Free Forex Trend Analysis Report.