Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Chilean Peso/Canadian Dollar (FOREX:CLPCAD)
Weak Uptrend (+65) - CLPCAD is showing signs of weakening momentum to the upside. Monitor 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 May 13th, 2020 at 0.00172072
The intermediate-term trend has been UP since May 1st, 2020 at 0.00167769
The short-term trend has been DOWN since May 25th, 2020 at 0.00172371
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).