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Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Chilean Peso/South African Rand (FOREX:CLPZAR)

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.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.021755 0.021810 0.021735 0.021770 +0.000015
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term up The long term trend has been UP since Apr 4th, 2017 at 0.021070

intermediate term up The intermediate term trend has been UP since Jun 20th, 2017 at 0.019610

short term up The short term trend has been UP since Oct 17th, 2017 at 0.021495

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021755 0.021810 0.021735 0.021770 +0.000015
Prev. Close Volume Bid Ask Time
0.021755 0.021760 0.021780 2017-10-22 22:26:37
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