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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Chilean Peso/Argentine Peso (FOREX:CLPARS)

Countertrend Up (+85) - CLPARS 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 CLPARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLPARS
Open High Low CLPARS Price Change
0.10912393 0.10912393 0.10912393 0.10912393 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPARS

long term up The long-term trend has been UP since May 4th, 2020 at 0.07884859

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2020 at 0.09708994

short term up The short-term trend has been UP since Nov 18th, 2020 at 0.10489559

Smart Scan Analysis for CLPARS

Based on our trend formula, CLPARS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CLPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10912393 0.10912393 0.10912393 0.10912393 0.00000000
Prev. Close Volume Bid Ask Time
0.10912393 2020-12-04 07:18:24
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