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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

US Dollar/Chilean Peso (FOREX:USDCLP)

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_USDCLP
Open High Low USDCLP Price Change
783.5000 799.0000 782.7000 794.6000 +11.1000
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term up The long term trend has been UP since May 8th, 2019 at 686.3

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 730.8

short term up The short term trend has been UP since Nov 5th, 2019 at 751.1

Smart Scan Analysis for USDCLP

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

+90
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
783.5000 799.0000 782.7000 794.6000 +11.1000
Prev. Close Volume Bid Ask Time
783.5000 794.3676 794.8324 2019-11-13 16:54:59
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