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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

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
530.30070 531.47282 524.25544 528.96061 -1.34009
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term down The long-term trend has been DOWN since Oct 11th, 2022 at 584.46021

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 539.34053

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 545.35719

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
530.30070 531.47282 524.25544 528.96061 -1.34009
Prev. Close Volume Bid Ask Time
530.30070 2023-03-31 17:09:48
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