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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.21425 0.21425 0.21425 0.21425 0.00000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long term trend has been DOWN since Oct 3rd, 2018 at 0.219215

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 0.221650

short term up The short term trend has been UP since Dec 4th, 2018 at 0.208965

Smart Scan Analysis for COPCLP

Based on a pre-defined weighted trend formula for chart analysis, COPCLP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21425 0.21425 0.21425 0.21425 0.00000
Prev. Close Volume Bid Ask Time
0.21425 0.21037 0.21813 2018-12-13 20:57:26
Want to analyze Colombian Peso/Chilean Peso COPCLP or another symbol? Try our Free Forex Trend Analysis Report.