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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Chinese Renminbi Yuan/Chilean Peso (FOREX:CNYCLP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CNYCLP
Open High Low CNYCLP Price Change
99.5585 99.5585 99.5585 99.5585 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYCLP

long term up The long term trend has been UP since Aug 31st, 2018 at 99.410

intermediate term up The intermediate term trend has been UP since Mar 5th, 2019 at 98.301

short term up The short term trend has been UP since Mar 3rd, 2019 at 97.065

Smart Scan Analysis for CNYCLP

Based on a pre-defined weighted trend formula for chart analysis, CNYCLP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CNYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.5585 99.5585 99.5585 99.5585 0.0000
Prev. Close Volume Bid Ask Time
99.5585 97.7170 101.4000 2019-03-17 21:10:57
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