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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CLPCOP
Open High Low CLPCOP Price Change
4.2621012 4.2621012 4.2621012 4.2621012 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term down The long term trend has been DOWN since Nov 3rd, 2019 at 4.6739977

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2019 at 4.8137640

short term down The short term trend has been DOWN since Jan 1st, 2020 at 4.4099936

Smart Scan Analysis for CLPCOP

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

-100
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2621012 4.2621012 4.2621012 4.2621012 0.0000000
Prev. Close Volume Bid Ask Time
4.2133302 4.1914809 4.3327215 2020-01-09 20:04:19
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