Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Chilean Peso/Brazilian Real (FOREX:CLPBRL)
Strong Uptrend (+100) - CLPBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CLPBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for CLPBRL
The long-term trend has been UP since Jan 12th, 2021 at 0.00757358
The intermediate-term trend has been UP since Dec 21st, 2020 at 0.00695622
The short-term trend has been UP since Feb 9th, 2021 at 0.00733699
Smart Scan Analysis for CLPBRL
Based on our trend formula, CLPBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).