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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Chilean Peso/Brazilian Real (FOREX:CLPBRL)
Sidelines Mode (+50) - CLPBRL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPBRL can gain momentum.
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.
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MarketClub’s Trade Triangles for CLPBRL
The long-term trend has been DOWN since Apr 7th, 2023 at 0.00621783
The intermediate-term trend has been UP since Mar 13th, 2024 at 0.00516720
The short-term trend has been UP since Apr 5th, 2024 at 0.00513375
Smart Scan Analysis for CLPBRL
Based on our trend formula, CLPBRL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00543103 | 0.00543103 | 0.00543103 | 0.00543103 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00543103 | 2024-04-20 01:08:56 |