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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Chilean Peso/Argentine Peso (FOREX:CLPARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_CLPARS
Open High Low CLPARS Price Change
0.064741 0.064741 0.064741 0.064741 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPARS

long term up The long term trend has been UP since Jan 9th, 2018 at 0.027865

intermediate term down The intermediate term trend has been DOWN since Apr 21st, 2019 at 0.063461

short term down The short term trend has been DOWN since May 15th, 2019 at 0.065339

Smart Scan Analysis for CLPARS

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

-60
Smart Scan Analysis for CLPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.064741 0.064741 0.064741 0.064741 0.000000
Prev. Close Volume Bid Ask Time
0.064741 0.063578 0.065905 2019-05-24 08:49:56
Want to analyze Chilean Peso/Argentine Peso CLPARS or another symbol? Try our Free Forex Trend Analysis Report.