Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
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, CLPAUD 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 4th, 2022 at 0.00162340
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.00166305
The short-term trend has been DOWN since Jul 5th, 2022 at 0.00155653
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).