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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

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_MXNCLP
Open High Low MXNCLP Price Change
33.5415 33.5415 33.5415 33.5415 0.0000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term down The long term trend has been DOWN since Nov 9th, 2018 at 33.9365

intermediate term up The intermediate term trend has been UP since Dec 11th, 2018 at 33.3645

short term up The short term trend has been UP since Dec 9th, 2018 at 33.2010

Smart Scan Analysis for MXNCLP

Based on a pre-defined weighted trend formula for chart analysis, MXNCLP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.5415 33.5415 33.5415 33.5415 0.0000
Prev. Close Volume Bid Ask Time
33.5415 32.9340 34.1490 2018-12-13 20:57:26
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