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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 Aug 2nd, 2021 at 29758.60
The intermediate-term trend has been UP since Feb 19th, 2024 at 36744.92
The short-term trend has been DOWN since Jul 18th, 2024 at 37603.21
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 |
|---|---|---|---|---|
| 37585.01 | 37585.01 | 37585.01 | 37585.01 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37585.01 | 37585.01 | 37585.01 | 2024-07-26 00:18:05 |