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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Colombian Peso/Argentine Peso (FOREX:COPARS)

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_COPARS
Open High Low COPARS Price Change
0.011881 0.011891 0.011861 0.011861 -0.000020
Entry Signal

MarketClub’s Trade Triangles for COPARS

long term up The long term trend has been UP since Nov 4th, 2015 at 0.003310

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 0.012122

short term down The short term trend has been DOWN since Oct 17th, 2018 at 0.011591

Smart Scan Analysis for COPARS

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

-70
Smart Scan Analysis for COPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.011881 0.011891 0.011861 0.011861 -0.000020
Prev. Close Volume Bid Ask Time
0.011881 0.011860 0.011862 2018-10-19 04:37:17
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