Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Colombian Peso/Chilean Peso (FOREX:COPCLP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for COPCLP
The long term trend has been UP since Apr 18th, 2018 at 0.216225
The intermediate term trend has been UP since Jun 8th, 2018 at 0.220525
The short term trend has been DOWN since Jun 21st, 2018 at 0.221525
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).