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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

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_CLPMXN
Open High Low CLPMXN Price Change
0.030110 0.030149 0.030110 0.030110 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term up The long term trend has been UP since Nov 9th, 2018 at 0.029478

intermediate term up The intermediate term trend has been UP since Sep 23rd, 2018 at 0.028108

short term up The short term trend has been UP since Nov 4th, 2018 at 0.028665

Smart Scan Analysis for CLPMXN

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

+80
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030110 0.030149 0.030110 0.030110 0.000000
Prev. Close Volume Bid Ask Time
0.030110 0.029559 0.030662 2018-11-17 17:09:30
Want to analyze Chilean Peso/Mexican Peso CLPMXN or another symbol? Try our Free Forex Trend Analysis Report.