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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Colombian Peso/Argentine Peso (FOREX:COPARS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.009455 0.009510 0.009140 0.009160 -0.000295
Entry Signal

MarketClub’s Trade Triangles for COPARS

long term up The long term trend has been UP since Nov 4th, 2015 at 0.00332

intermediate term up The intermediate term trend has been UP since Dec 19th, 2017 at 0.00588

short term down The short term trend has been DOWN since Jun 21st, 2018 at 0.00943

Smart Scan Analysis for COPARS

Based on a pre-defined weighted trend formula for chart analysis, COPARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for COPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009455 0.009510 0.009140 0.009160 -0.000295
Prev. Close Volume Bid Ask Time
0.009455 0.009160 0.009160 2018-06-22 18:01:48
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