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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Crossroads (-60) - CHFCLP is struggling to move into a solid trend. Beware of choppy markets 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
1099.2050 1102.0982 1097.3022 1100.5669 +1.3619
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since Aug 1st, 2024 at 1086.5274

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 1091.3401

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1096.8204

Smart Scan Analysis for CHFCLP

Based on our trend formula, CHFCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1099.2050 1102.0982 1097.3022 1100.5669 +1.3619
Prev. Close Volume Bid Ask Time
1099.2050 2024-12-26 18:35:31
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