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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Chilean Peso (FOREX:EURCLP)
Long-Term Downtrend (-90) - EURCLP is in a strong downtrend that is likely to continue. While EURCLP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCLP.
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 EURCLP
The long-term trend has been DOWN since May 9th, 2024 at 1015.01
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 1028.43
The short-term trend has been DOWN since May 3rd, 2024 at 1017.45
Smart Scan Analysis for EURCLP
Based on our trend formula, EURCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1006.73 | 1006.73 | 1006.73 | 1006.73 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1006.73 | 2024-05-09 07:26:27 |