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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_COPCLP
Open High Low COPCLP Price Change
0.212305 0.212305 0.212305 0.212305 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long term trend has been DOWN since Aug 18th, 2019 at 0.206175

intermediate term up The intermediate term trend has been UP since Sep 5th, 2019 at 0.210905

short term up The short term trend has been UP since Sep 19th, 2019 at 0.211225

Smart Scan Analysis for COPCLP

Based on a pre-defined weighted trend formula for chart analysis, COPCLP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.212305 0.212305 0.212305 0.212305 0.000000
Prev. Close Volume Bid Ask Time
0.212305 0.208550 0.216060 2019-09-19 20:22:49
Want to analyze Colombian Peso/Chilean Peso COPCLP or another symbol? Try our Free Forex Trend Analysis Report.