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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Sidelines Mode (+55) - AUDCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
619.52780 620.00414 619.33727 619.81361 +0.28581
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 up The short-term trend has been UP since Apr 23rd, 2024 at 621.58208

Smart Scan Analysis for AUDCLP

Based on our trend formula, AUDCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
619.52780 620.00414 619.33727 619.81361 +0.28581
Prev. Close Volume Bid Ask Time
619.52780 2024-04-25 01:03:29
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