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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Chilean Peso (FOREX:AUDCLP)
Strong Downtrend (-100) - AUDCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDCLP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AUDCLP
The long-term trend has been DOWN since May 14th, 2024 at 605.75162
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 611.83811
The short-term trend has been DOWN since Jul 24th, 2024 at 623.91601
Smart Scan Analysis for AUDCLP
Based on our trend formula, AUDCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 620.46668 | 622.37144 | 619.33096 | 620.22350 | -0.24318 |
| Prev. Close | Volume | Bid | Ask | Time |
| 620.46668 | 2024-07-26 17:02:26 |