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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.

FOREX_CHFCLP
Open High Low CHFCLP Price Change
842.4290 843.3708 841.6214 842.9162 +0.4872
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 up The intermediate-term trend has been UP since Nov 24th, 2020 at 849.5200

short term down 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).

+55
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways 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
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