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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Chilean Unidad de Fomento/Chilean Peso (FOREX:CLFCLP)
Sidelines Mode (+55) - CLFCLP 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 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 Oct 1st, 2020 at 28705.94
The intermediate-term trend has been UP since Jan 14th, 2021 at 29073.15
The short-term trend has been DOWN since Mar 26th, 2023 at 35589.26
Smart Scan Analysis for CLFCLP
Based on our trend formula, CLFCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35576.63 | 35576.63 | 35576.63 | 35576.63 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35574.33 | 35576.63 | 35576.63 | 2023-03-30 00:23:20 |