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Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Swiss Franc/Chilean Peso (FOREX:CHFCLP)
Sidelines Mode (+55) - CHFCLP 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 CHFCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFCLP
The long-term trend has been DOWN since Nov 11th, 2020 at 819.1934
The intermediate-term trend has been UP since Nov 24th, 2020 at 849.5200
The short-term trend has been DOWN since Nov 30th, 2020 at 840.0264
Smart Scan Analysis for CHFCLP
Based on our trend formula, CHFCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 842.4290 | 843.3708 | 841.6214 | 842.9162 | +0.4872 |
| Prev. Close | Volume | Bid | Ask | Time |
| 842.4290 | 2020-12-04 03:20:06 |