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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Chilean Peso/Chilean Unidad de Fomento (FOREX:CLPCLF)

Strong Downtrend (-100) - CLPCLF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CLPCLF continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_CLPCLF
Open High Low CLPCLF Price Change
0.00002664 0.00002664 0.00002664 0.00002664 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCLF

long term down The long-term trend has been DOWN since Jun 27th, 2021 at 0.00003368

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2024 at 0.00002722

short term down The short-term trend has been DOWN since Feb 16th, 2024 at 0.00002724

Smart Scan Analysis for CLPCLF

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

-100
Smart Scan Analysis for CLPCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00002664 0.00002664 0.00002664 0.00002664 0.00000000
Prev. Close Volume Bid Ask Time
0.00002663 0.00002664 0.00002664 2024-06-22 00:15:07
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