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Forex Trend Analysis Report

Prepared for you on Monday, October 7, 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
629.27899 629.57479 626.43199 627.13912 -2.13987
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term down The long-term trend has been DOWN since May 14th, 2024 at 605.75162

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2024 at 627.57168

short term up The short-term trend has been UP since Oct 1st, 2024 at 626.03712

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
629.27899 629.57479 626.43199 627.13912 -2.13987
Prev. Close Volume Bid Ask Time
629.27899 2024-10-07 07:01:42
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