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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 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
0.004945 0.004945 0.004945 0.004945 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.005075

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 0.004984

short term down The short term trend has been DOWN since Dec 6th, 2018 at 0.005033

Smart Scan Analysis for CLPPEN

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

-70
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004945 0.004945 0.004945 0.004945 0.000000
Prev. Close Volume Bid Ask Time
0.004945 0.004855 0.005035 2018-12-13 20:57:26
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