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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Crossroads (-60) - AUDCLP 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 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
617.34227 620.88959 617.20217 619.98125 +2.63898
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 Apr 18th, 2024 at 622.56055

Smart Scan Analysis for AUDCLP

Based on our trend formula, AUDCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
617.34227 620.88959 617.20217 619.98125 +2.63898
Prev. Close Volume Bid Ask Time
617.34227 2024-04-19 04:32:36
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