Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Weak Downtrend (-65) - AUDCLP is showing signs of a strengthening downtrend. Monitor AUDCLP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid AUDCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDCLP
Open High Low AUDCLP Price Change
615.67779 616.65081 612.35589 615.61781 -0.05998
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long-term trend has been UP since Jul 17th, 2023 at 550.89104

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 626.55562

short term down The short-term trend has been DOWN since May 6th, 2024 at 618.58191

Smart Scan Analysis for AUDCLP

Based on our trend formula, AUDCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
615.67779 616.65081 612.35589 615.61781 -0.05998
Prev. Close Volume Bid Ask Time
615.67779 2024-05-08 22:46:12
Get a free daily analysis and signals for Australian Dollar/Chilean Peso (AUDCLP) - Request Your Free Report.