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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Argentine Peso/Chilean Peso (FOREX:ARSCLP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ARSCLP
Open High Low ARSCLP Price Change
12.884031 12.884031 12.884031 12.884031 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSCLP

long term down The long term trend has been DOWN since Aug 18th, 2019 at 15.310000

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 12.825494

short term up The short term trend has been UP since Jan 1st, 2020 at 12.533358

Smart Scan Analysis for ARSCLP

Based on a pre-defined weighted trend formula for chart analysis, ARSCLP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ARSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.884031 12.884031 12.884031 12.884031 0.000000
Prev. Close Volume Bid Ask Time
12.884031 12.673674 13.094387 2020-01-20 02:17:02
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