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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Countertrend Down (-85) - CHFCLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
786.8926 791.1274 785.3261 785.9798 -0.9128
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 819.1934

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 807.7216

short term up The short-term trend has been UP since Mar 8th, 2021 at 793.7144

Smart Scan Analysis for CHFCLP

Based on our trend formula, CHFCLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
786.8926 791.1274 785.3261 785.9798 -0.9128
Prev. Close Volume Bid Ask Time
786.8926 2021-03-09 06:21:28
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