Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Chilean Peso/Brazilian Real (FOREX:CLPBRL)
Weak Downtrend (-65) - CLPBRL is showing signs of a strengthening downtrend. Monitor CLPBRL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CLPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPBRL
The long-term trend has been UP since Mar 4th, 2020 at 0.00548492
The intermediate-term trend has been DOWN since Jun 1st, 2020 at 0.00676793
The short-term trend has been DOWN since May 26th, 2020 at 0.00698549
Smart Scan Analysis for CLPBRL
Based on our trend formula, CLPBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).