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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 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.

FOREX_CLFCLP
Open High Low CLFCLP Price Change
37197.58 37197.58 37197.58 37197.58 0.00
Entry Signal

MarketClub’s Trade Triangles for CLFCLP

long term up The long-term trend has been UP since Apr 22nd, 2021 at 29450.99

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2024 at 36744.92

short term up The short-term trend has been UP since Feb 16th, 2024 at 36714.93

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).

+80
Smart Scan Analysis for CLFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37197.58 37197.58 37197.58 37197.58 0.00
Prev. Close Volume Bid Ask Time
37212.43 37197.58 37197.58 2024-04-17 00:15:46
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