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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_COPCLP
Open High Low COPCLP Price Change
0.21065 0.21065 0.21065 0.21065 0.00000
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 down The short term trend has been DOWN since Sep 13th, 2019 at 0.211850

Smart Scan Analysis for COPCLP

Based on a pre-defined weighted trend formula for chart analysis, COPCLP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21065 0.21065 0.21065 0.21065 0.00000
Prev. Close Volume Bid Ask Time
0.21065 0.20690 0.21440 2019-09-15 20:00:22
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