Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Chilean Peso/Australian Dollar (FOREX:CLPAUD)
Long-Term Uptrend (+90) - CLPAUD is in a strong uptrend that is likely to continue. While CLPAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CLPAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPAUD
The long-term trend has been UP since Oct 11th, 2022 at 0.00171098
The intermediate-term trend has been UP since Mar 6th, 2023 at 0.00185308
The short-term trend has been UP since Mar 22nd, 2023 at 0.00183367
Smart Scan Analysis for CLPAUD
Based on our trend formula, CLPAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).