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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_CLPMXN
Open High Low CLPMXN Price Change
0.028402 0.028402 0.028241 0.028402 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term down The long term trend has been DOWN since Jul 3rd, 2018 at 0.030180

intermediate term down The intermediate term trend has been DOWN since Aug 19th, 2018 at 0.028549

short term up The short term trend has been UP since Sep 22nd, 2018 at 0.027606

Smart Scan Analysis for CLPMXN

Based on a pre-defined weighted trend formula for chart analysis, CLPMXN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028402 0.028402 0.028241 0.028402 0.000000
Prev. Close Volume Bid Ask Time
0.028402 0.027895 0.028909 2018-09-22 04:15:30
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