Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Swiss Franc/Chilean Peso (FOREX:CHFCLP)
Long-Term Uptrend (+90) - CHFCLP is in a strong uptrend that is likely to continue. While CHFCLP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for CHFCLP
The long-term trend has been UP since Jul 8th, 2021 at 823.8822
The intermediate-term trend has been UP since Sep 29th, 2021 at 867.0801
The short-term trend has been UP since Oct 21st, 2021 at 892.7800
Smart Scan Analysis for CHFCLP
Based on our trend formula, CHFCLP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).