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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Chilean Peso/Australian Dollar (FOREX:CLPAUD)

Bear Market Rally (-75) - CLPAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPAUD as it may be in the beginning of a reversal.

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.

FOREX_CLPAUD
Open High Low CLPAUD Price Change
0.00185260 0.00185467 0.00180234 0.00180516 -0.00004700
Entry Signal

MarketClub’s Trade Triangles for CLPAUD

long term down The long-term trend has been DOWN since Jun 19th, 2020 at 0.00177322

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2020 at 0.00184753

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 0.00181682

Smart Scan Analysis for CLPAUD

Based on our trend formula, CLPAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00185260 0.00185467 0.00180234 0.00180516 -0.00004700
Prev. Close Volume Bid Ask Time
0.00185260 0.00180507 0.00180524 2020-08-04 21:55:16
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