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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_CLPMXN
Open High Low CLPMXN Price Change
0.028075 0.028075 0.028075 0.028075 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 0.027959

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 0.029982

short term down The short term trend has been DOWN since Jan 14th, 2019 at 0.028220

Smart Scan Analysis for CLPMXN

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

-100
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028075 0.028075 0.028075 0.028075 0.000000
Prev. Close Volume Bid Ask Time
0.028075 0.027569 0.028581 2019-01-14 20:59:21
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