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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_COPCLP
Open High Low COPCLP Price Change
0.21021 0.21021 0.21021 0.21021 0.00000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long term trend has been DOWN since Oct 3rd, 2018 at 0.219215

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2019 at 0.212115

short term down The short term trend has been DOWN since Feb 20th, 2019 at 0.210600

Smart Scan Analysis for COPCLP

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

-100
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21021 0.21021 0.21021 0.21021 0.00000
Prev. Close Volume Bid Ask Time
0.21021 0.20625 0.21417 2019-02-20 20:58:38
Want to analyze Colombian Peso/Chilean Peso COPCLP or another symbol? Try our Free Forex Trend Analysis Report.