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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_COPCLP
Open High Low COPCLP Price Change
0.21561 0.21561 0.21561 0.21561 0.00000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long term trend has been DOWN since Jun 25th, 2017 at 0.225820

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2017 at 0.217385

short term up The short term trend has been UP since Sep 28th, 2017 at 0.213050

Smart Scan Analysis for COPCLP

Based on a pre-defined weighted trend formula for chart analysis, COPCLP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21561 0.21561 0.21561 0.21561 0.00000
Prev. Close Volume Bid Ask Time
0.21086 0.21155 0.21967 2017-10-09 21:26:40
Want to analyze Colombian Peso/Chilean Peso COPCLP or another symbol? Try our Free Forex Trend Analysis Report.