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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

US Dollar/Chilean Peso (FOREX:USDCLP)

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_USDCLP
Open High Low USDCLP Price Change
665.8 668.9 662.3 662.7 -3.1
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 Aug 14th, 2018 at 664.600

short term down The short term trend has been DOWN since Aug 21st, 2018 at 662.985

Smart Scan Analysis for USDCLP

Based on a pre-defined weighted trend formula for chart analysis, USDCLP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
665.8 668.9 662.3 662.7 -3.1
Prev. Close Volume Bid Ask Time
665.8 662.2 663.2 2018-08-21 16:03:28
Want to analyze US Dollar/Chilean Peso USDCLP or another symbol? Try our Free Forex Trend Analysis Report.