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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CLPPEN
Open High Low CLPPEN Price Change
0.004947 0.004947 0.004947 0.004947 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term down The long term trend has been DOWN since May 1st, 2018 at 0.005350

intermediate term up The intermediate term trend has been UP since Sep 23rd, 2018 at 0.004865

short term down The short term trend has been DOWN since Oct 7th, 2018 at 0.005011

Smart Scan Analysis for CLPPEN

Based on a pre-defined weighted trend formula for chart analysis, CLPPEN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004947 0.004947 0.004947 0.004947 0.000000
Prev. Close Volume Bid Ask Time
0.004947 0.004858 0.005037 2018-10-07 21:06:35
Want to analyze Chilean Peso/Peruvian Nuevo Sol CLPPEN or another symbol? Try our Free Forex Trend Analysis Report.