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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CLPCOP Price Change
4.7500 4.7500 4.7500 4.7500 0.0000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term up The long term trend has been UP since Oct 3rd, 2018 at 4.56325

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 4.71600

short term down The short term trend has been DOWN since Feb 13th, 2019 at 4.74625

Smart Scan Analysis for CLPCOP

Based on a pre-defined weighted trend formula for chart analysis, CLPCOP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7500 4.7500 4.7500 4.7500 0.0000
Prev. Close Volume Bid Ask Time
4.7500 4.6611 4.8389 2019-02-15 08:47:29
Want to analyze Chilean Peso/Colombian Peso CLPCOP or another symbol? Try our Free Forex Trend Analysis Report.