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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

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
635.98181 640.67809 629.51749 632.15967 -3.82214
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long-term trend has been UP since May 4th, 2022 at 616.01744

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2022 at 628.70730

short term up The short-term trend has been UP since Aug 4th, 2022 at 635.01345

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
635.98181 640.67809 629.51749 632.15967 -3.82214
Prev. Close Volume Bid Ask Time
635.98181 2022-08-08 15:41:14
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