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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)

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_CNYCLP
Open High Low CNYCLP Price Change
112.02737 112.02737 112.02737 112.02737 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYCLP

long term up The long term trend has been UP since Aug 31st, 2018 at 99.41000

intermediate term up The intermediate term trend has been UP since Jan 8th, 2020 at 110.19198

short term up The short term trend has been UP since Jan 1st, 2020 at 107.12173

Smart Scan Analysis for CNYCLP

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

+100
Smart Scan Analysis for CNYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.02737 112.02737 112.02737 112.02737 0.00000
Prev. Close Volume Bid Ask Time
112.02737 110.19831 113.85643 2020-01-20 02:17:02
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