Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Chilean Peso/Australian Dollar (FOREX:CLPAUD)
Sidelines Mode (+55) - CLPAUD 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 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 Mar 15th, 2020 at 0.00195321
The intermediate-term trend has been UP since Mar 13th, 2020 at 0.00191670
The short-term trend has been DOWN since Mar 27th, 2020 at 0.00194436
Smart Scan Analysis for CLPAUD
Based on our trend formula, CLPAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).