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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Bear Market Rally (-75) - CLPCLF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPCLF as it may be in the beginning of a reversal.

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
0.00002661 0.00002661 0.00002661 0.00002661 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCLF

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 0.00003360

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

short term up The short-term trend has been UP since Jul 18th, 2024 at 0.00002659

Smart Scan Analysis for CLPCLF

Based on our trend formula, CLPCLF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00002661 0.00002661 0.00002661 0.00002661 0.00000000
Prev. Close Volume Bid Ask Time
0.00002661 0.00002661 0.00002661 2024-07-26 00:18:05
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