Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Chilean Peso/Canadian Dollar (FOREX:CLPCAD)
Bull Market Weakness (+75) - CLPCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPCAD as it may be in the beginning stages of a reversal.
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 UP since Dec 17th, 2020 at 0.00175063
The intermediate-term trend has been UP since Feb 15th, 2021 at 0.00176369
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00177369
Smart Scan Analysis for CLPCAD
Based on our trend formula, CLPCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).