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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

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
0.005035 0.005035 0.005035 0.005035 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPBRL

long term up The long term trend has been UP since Jun 26th, 2017 at 0.004880

intermediate term up The intermediate term trend has been UP since Oct 9th, 2017 at 0.004990

short term up The short term trend has been UP since Sep 8th, 2017 at 0.005035

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
0.005035 0.005035 0.005035 0.005035 0.000000
Prev. Close Volume Bid Ask Time
0.005120 0.004940 0.005130 2017-10-09 21:26:40
Want to analyze Chilean Peso/Brazilian Real CLPBRL or another symbol? Try our Free Forex Trend Analysis Report.