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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Chilean Peso/Brazilian Real (FOREX:CLPBRL)
Crossroads (-60) - CLPBRL 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 CLPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPBRL.
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 CLPBRL
The long-term trend has been DOWN since Apr 7th, 2023 at 0.00621783
The intermediate-term trend has been UP since Mar 13th, 2024 at 0.00516720
The short-term trend has been UP since Apr 5th, 2024 at 0.00513375
Smart Scan Analysis for CLPBRL
Based on our trend formula, CLPBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00532271 | 0.00532271 | 0.00532271 | 0.00532271 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00529230 | 2024-04-13 18:02:08 |