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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Chilean Peso/Canadian Dollar (FOREX:CLPCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_CLPCAD
Open High Low CLPCAD Price Change
0.0017044 0.0017044 0.0017044 0.0017044 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCAD

long term down The long term trend has been DOWN since May 10th, 2019 at 0.00195500

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2019 at 0.00183200

short term up The short term trend has been UP since Dec 3rd, 2019 at 0.00165608

Smart Scan Analysis for CLPCAD

Based on a pre-defined weighted trend formula for chart analysis, CLPCAD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CLPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0017044 0.0017044 0.0017044 0.0017044 0.0000000
Prev. Close Volume Bid Ask Time
0.0017044 0.0017040 0.0017048 2019-12-07 06:29:06
Want to analyze Chilean Peso/Canadian Dollar CLPCAD or another symbol? Try our Free Forex Trend Analysis Report.