Forex Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
Chilean Peso/US Dollar (FOREX:CLPUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for CLPUSD
The long term trend has been UP since Jan 3rd, 2018 at 0.00163
The intermediate term trend has been UP since Dec 18th, 2017 at 0.00157
The short term trend has been UP since Jan 12th, 2018 at 0.00165
Smart Scan Analysis for CLPUSD
Based on a pre-defined weighted trend formula for chart analysis, CLPUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).