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Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Euro/Chilean Peso (FOREX:EURCLP)
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.
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MarketClub’s Trade Triangles for EURCLP
The long term trend has been UP since May 13th, 2019 at 764.3100
The intermediate term trend has been UP since Jan 6th, 2020 at 856.4121
The short term trend has been UP since Dec 30th, 2019 at 831.7788
Smart Scan Analysis for EURCLP
Based on a pre-defined weighted trend formula for chart analysis, EURCLP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 868.7002 | 868.7002 | 868.7002 | 868.7002 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 868.7002 | 854.7002 | 882.7002 | 2020-01-28 21:00:55 |