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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_AUDCLP
Open High Low AUDCLP Price Change
484.645 486.050 483.920 484.250 -0.395
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long term trend has been UP since May 28th, 2019 at 486.905

intermediate term up The intermediate term trend has been UP since Jul 17th, 2019 at 480.660

short term up The short term trend has been UP since Jul 16th, 2019 at 479.145

Smart Scan Analysis for AUDCLP

Based on a pre-defined weighted trend formula for chart analysis, AUDCLP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
484.645 486.050 483.920 484.250 -0.395
Prev. Close Volume Bid Ask Time
484.645 484.110 484.390 2019-07-23 11:23:33
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