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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_JPYCLP
Open High Low JPYCLP Price Change
7.161142 7.161142 7.161142 7.161142 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term up The long term trend has been UP since Apr 22nd, 2019 at 5.939350

intermediate term up The intermediate term trend has been UP since Oct 30th, 2019 at 6.778050

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 7.560194

Smart Scan Analysis for JPYCLP

Based on a pre-defined weighted trend formula for chart analysis, JPYCLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.161142 7.161142 7.161142 7.161142 0.000000
Prev. Close Volume Bid Ask Time
7.161142 7.159468 7.162816 2019-12-08 11:27:19
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