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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Chilean Peso/Brazilian Real (FOREX:CLPBRL)

Long-Term Downtrend (-90) - CLPBRL is in a strong downtrend that is likely to continue. While CLPBRL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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FOREX_CLPBRL
Open High Low CLPBRL Price Change
0.0056913 0.0056913 0.0056913 0.0056913 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPBRL

long term down The long-term trend has been DOWN since May 30th, 2021 at 0.00727275

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 0.00579978

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.00579978

Smart Scan Analysis for CLPBRL

Based on our trend formula, CLPBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CLPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0056913 0.0056913 0.0056913 0.0056913 0.0000000
Prev. Close Volume Bid Ask Time
0.0058055 2022-06-28 07:20:52
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