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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 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.

FOREX_CHFCLP
Open High Low CHFCLP Price Change
833.2648 836.2158 825.0139 829.0988 -4.1660
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since May 13th, 2019 at 690.9050

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 859.9245

short term up The short-term trend has been UP since May 25th, 2020 at 835.6385

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).

+55
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
833.2648 836.2158 825.0139 829.0988 -4.1660
Prev. Close Volume Bid Ask Time
833.2648 829.0604 829.1372 2020-05-25 14:44:20
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