Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for CLPPEN
The long term trend has been UP since Feb 5th, 2019 at 0.005089
The intermediate term trend has been UP since Jan 7th, 2019 at 0.004889
The short term trend has been DOWN since Feb 6th, 2019 at 0.005077
Smart Scan Analysis for CLPPEN
Based on a pre-defined weighted trend formula for chart analysis, CLPPEN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).