Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Chilean Peso/Australian Dollar (FOREX:CLPAUD)
Strong Downtrend (-100) - CLPAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since May 25th, 2021 at 0.00174696
The intermediate-term trend has been DOWN since Jul 26th, 2021 at 0.00176645
The short-term trend has been DOWN since Oct 14th, 2021 at 0.00163393
Smart Scan Analysis for CLPAUD
Based on our trend formula, CLPAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).