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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Crossroads (-60) - CLPMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CLPMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been DOWN since Apr 10th, 2023 at 0.02207932
The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.01758420
The short-term trend has been UP since May 5th, 2024 at 0.01794425
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01806668 | 0.01806668 | 0.01806668 | 0.01806668 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01806668 | 2024-05-09 07:26:27 |