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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2019.

Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)

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_ARSPEN
Open High Low ARSPEN Price Change
0.079067 0.079159 0.079052 0.079081 +0.000014
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term down The long term trend has been DOWN since Dec 21st, 2017 at 0.182340

intermediate term up The intermediate term trend has been UP since Apr 15th, 2019 at 0.079375

short term up The short term trend has been UP since Apr 10th, 2019 at 0.075630

Smart Scan Analysis for ARSPEN

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

+60
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.079067 0.079159 0.079052 0.079081 +0.000014
Prev. Close Volume Bid Ask Time
0.078881 0.079010 0.079153 2019-04-19 14:13:22
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