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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

US Dollar/Chilean Peso (FOREX:USDCLP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDCLP
Open High Low USDCLP Price Change
673.84 680.90 672.33 679.50 +5.66
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term up The long term trend has been UP since Apr 30th, 2018 at 612.700

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 687.600

short term up The short term trend has been UP since Oct 19th, 2018 at 677.505

Smart Scan Analysis for USDCLP

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

+100
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
673.84 680.90 672.33 679.50 +5.66
Prev. Close Volume Bid Ask Time
673.84 679.00 680.00 2018-10-19 16:43:17
Want to analyze US Dollar/Chilean Peso USDCLP or another symbol? Try our Free Forex Trend Analysis Report.