Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Australian Dollar/Chilean Peso (FOREX:AUDCLP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for AUDCLP
The long term trend has been DOWN since Feb 4th, 2019 at 471.685
The intermediate term trend has been UP since Mar 11th, 2019 at 473.925
The short term trend has been DOWN since Mar 19th, 2019 at 472.115
Smart Scan Analysis for AUDCLP
Based on a pre-defined weighted trend formula for chart analysis, AUDCLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).