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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.

FOREX_CLPPEN
Open High Low CLPPEN Price Change
0.005030 0.005030 0.005030 0.005030 0.000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term up The long term trend has been UP since Feb 5th, 2019 at 0.005089

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 0.004889

short term down 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).

+75
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005030 0.005030 0.005030 0.005030 0.000000
Prev. Close Volume Bid Ask Time
0.005030 0.004936 0.005124 2019-02-15 08:47:29
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