Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Chilean Peso/Canadian Dollar (FOREX:CLPCAD)
Weak Downtrend (-65) - CLPCAD is showing signs of a strengthening downtrend. Monitor CLPCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CLPCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPCAD
The long-term trend has been DOWN since Aug 17th, 2020 at 0.0016447
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.0016978
The short-term trend has been UP since Dec 1st, 2020 at 0.0017076
Smart Scan Analysis for CLPCAD
Based on our trend formula, CLPCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).