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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Chilean Peso/British Pound (FOREX:CLPGBP)

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 CLPGBP Price Change
0.00119 0.00120 0.00119 0.00120 +0.00001
Entry Signal

MarketClub’s Trade Triangles for CLPGBP

long term down The long term trend has been DOWN since Nov 30th, 2017 at 0.00115

intermediate term up The intermediate term trend has been UP since Apr 20th, 2018 at 0.00119

short term up The short term trend has been UP since Mar 28th, 2018 at 0.00117

Smart Scan Analysis for CLPGBP

Based on a pre-defined weighted trend formula for chart analysis, CLPGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CLPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00119 0.00120 0.00119 0.00120 +0.00001
Prev. Close Volume Bid Ask Time
0.00119 0.00120 0.00120 2018-04-25 14:21:30
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