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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Chilean Unidad de Fomento/Chilean Peso (FOREX:CLFCLP)
Countertrend Up (+85) - CLFCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CLFCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLFCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CLFCLP
The long-term trend has been UP since Dec 7th, 2021 at 30829.10
The intermediate-term trend has been UP since Aug 12th, 2024 at 37591.08
The short-term trend has been UP since Aug 12th, 2024 at 37585.01
Smart Scan Analysis for CLFCLP
Based on our trend formula, CLFCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38260.61 | 38260.61 | 38260.61 | 38260.61 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38311.40 | 38260.61 | 38260.61 | 2024-12-01 00:15:05 |