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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Colombian Peso/Argentine Peso (FOREX:COPARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_COPARS
Open High Low COPARS Price Change
0.009837 0.010079 0.009823 0.009985 +0.000148
Entry Signal

MarketClub’s Trade Triangles for COPARS

long term up The long term trend has been UP since Sep 17th, 2015 at 0.003120

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 0.009745

short term up The short term trend has been UP since Aug 8th, 2018 at 0.009520

Smart Scan Analysis for COPARS

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

+100
Smart Scan Analysis for COPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009837 0.010079 0.009823 0.009985 +0.000148
Prev. Close Volume Bid Ask Time
0.009837 0.009984 0.009987 2018-08-15 14:23:30
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