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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Chilean Peso/Euro (FOREX:CLPEUR)

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

FOREX_CLPEUR
Open High Low CLPEUR Price Change
0.001170 0.001175 0.001170 0.001170 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPEUR

long term down The long term trend has been DOWN since May 13th, 2019 at 0.00129

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.00117

short term up The short term trend has been UP since Jan 23rd, 2020 at 0.00117

Smart Scan Analysis for CLPEUR

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

-85
Smart Scan Analysis for CLPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001170 0.001175 0.001170 0.001170 0.000000
Prev. Close Volume Bid Ask Time
0.001170 0.001170 0.001170 2020-01-23 08:31:45
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