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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

Chilean Peso/Swiss Franc (FOREX:CLPCHF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_CLPCHF
Open High Low CLPCHF Price Change
0.00126417 0.00126511 0.00126357 0.00126402 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCHF

long term down The long term trend has been DOWN since May 17th, 2019 at 0.0014470

intermediate term down The intermediate term trend has been DOWN since Oct 21st, 2019 at 0.0013600

short term down The short term trend has been DOWN since Dec 9th, 2019 at 0.0012476

Smart Scan Analysis for CLPCHF

Based on a pre-defined weighted trend formula for chart analysis, CLPCHF scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for CLPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00126417 0.00126511 0.00126357 0.00126402 0.00000000
Prev. Close Volume Bid Ask Time
0.00126417 0.00126377 0.00126428 2019-12-11 04:31:11
Want to analyze Chilean Peso/Swiss Franc CLPCHF or another symbol? Try our Free Forex Trend Analysis Report.