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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Argentine Peso/Chilean Peso (FOREX:ARSCLP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_ARSCLP
Open High Low ARSCLP Price Change
12.637 12.637 12.637 12.637 0.000
Entry Signal

MarketClub’s Trade Triangles for ARSCLP

long term down The long term trend has been DOWN since Aug 18th, 2019 at 15.3100

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 15.9815

short term down The short term trend has been DOWN since Jul 16th, 2019 at 16.0635

Smart Scan Analysis for ARSCLP

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

-100
Smart Scan Analysis for ARSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.637 12.637 12.637 12.637 0.000
Prev. Close Volume Bid Ask Time
12.637 12.412 12.862 2019-09-15 20:00:22
Want to analyze Argentine Peso/Chilean Peso ARSCLP or another symbol? Try our Free Forex Trend Analysis Report.