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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Chilean Peso/Brazilian Real (FOREX:CLPBRL)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_CLPBRL
Open High Low CLPBRL Price Change
0.005692 0.005692 0.005692 0.005692 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPBRL

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 0.005636

intermediate term up The intermediate term trend has been UP since Aug 7th, 2019 at 0.005527

short term up The short term trend has been UP since Aug 4th, 2019 at 0.005451

Smart Scan Analysis for CLPBRL

Based on a pre-defined weighted trend formula for chart analysis, CLPBRL scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CLPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005692 0.005692 0.005692 0.005692 0.000000
Prev. Close Volume Bid Ask Time
0.005692 0.005591 0.005793 2019-08-23 08:49:16
Want to analyze Chilean Peso/Brazilian Real CLPBRL or another symbol? Try our Free Forex Trend Analysis Report.