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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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
562.50747 562.90444 557.62270 557.82670 -4.68077
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long-term trend has been UP since Jun 19th, 2020 at 563.94530

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2020 at 558.41356

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 561.93600

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
562.50747 562.90444 557.62270 557.82670 -4.68077
Prev. Close Volume Bid Ask Time
562.50747 2020-12-01 09:58:25
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