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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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.

FOREX_CLPBRL
Open High Low CLPBRL Price Change
0.00671741 0.00671741 0.00671741 0.00671741 0.00000000
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 up The intermediate-term trend has been UP since Oct 10th, 2021 at 0.00677303

short term up The short-term trend has been UP since Oct 10th, 2021 at 0.00675060

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).

+50
Smart Scan Analysis for CLPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00671741 0.00671741 0.00671741 0.00671741 0.00000000
Prev. Close Volume Bid Ask Time
0.00676664 2021-10-12 21:08:37
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