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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Long-Term Downtrend (-90) - AUDCLP is in a strong downtrend that is likely to continue. While AUDCLP 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 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
617.27244 618.10077 614.71052 615.82245 -1.44999
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term down The long-term trend has been DOWN since Dec 26th, 2024 at 615.49278

intermediate term down The intermediate-term trend has been DOWN since Dec 26th, 2024 at 615.49278

short term down The short-term trend has been DOWN since Dec 26th, 2024 at 615.49278

Smart Scan Analysis for AUDCLP

Based on our trend formula, AUDCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
617.27244 618.10077 614.71052 615.82245 -1.44999
Prev. Close Volume Bid Ask Time
617.27244 2024-12-26 13:38:38
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