Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Chilean Peso/Swiss Franc (FOREX:CLPCHF)
Countertrend Up (+85) - CLPCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for CLPCHF
The long-term trend has been UP since Nov 1st, 2023 at 0.00105218
The intermediate-term trend has been UP since Oct 31st, 2023 at 0.00100106
The short-term trend has been DOWN since Dec 5th, 2023 at 0.00099814
Smart Scan Analysis for CLPCHF
Based on our trend formula, CLPCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).