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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Long-Term Uptrend (+90) - AUDCLP is in a strong uptrend that is likely to continue. While AUDCLP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
633.96584 634.44663 632.89256 633.17424 -0.79160
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long-term trend has been UP since Oct 18th, 2024 at 637.23780

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 640.57579

short term up The short-term trend has been UP since Nov 19th, 2024 at 635.42949

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
633.96584 634.44663 632.89256 633.17424 -0.79160
Prev. Close Volume Bid Ask Time
633.96584 2024-11-20 03:33:39
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