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Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Chilean Peso/Swiss Franc (FOREX:CLPCHF)

Long-Term Uptrend (+90) - CLPCHF is in a strong uptrend that is likely to continue. While CLPCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CLPCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLPCHF
Open High Low CLPCHF Price Change
0.00097073 0.00097416 0.00096753 0.00096998 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for CLPCHF

long term up The long-term trend has been UP since Apr 30th, 2024 at 0.00096985

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.00092242

short term up The short-term trend has been UP since May 6th, 2024 at 0.00096857

Smart Scan Analysis for CLPCHF

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

+90
Smart Scan Analysis for CLPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00097073 0.00097416 0.00096753 0.00096998 -0.00000100
Prev. Close Volume Bid Ask Time
0.00097073 2024-05-08 16:42:30
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