Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
Chilean Peso/Euro (FOREX:CLPEUR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for CLPEUR
The long term trend has been UP since Oct 16th, 2017 at 0.001360
The intermediate term trend has been UP since Apr 5th, 2018 at 0.001350
The short term trend has been UP since Mar 28th, 2018 at 0.001335
Smart Scan Analysis for CLPEUR
Based on a pre-defined weighted trend formula for chart analysis, CLPEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).