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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Long-Term Downtrend (-90) - CLPCOP is in a strong downtrend that is likely to continue. While CLPCOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_CLPCOP
Open High Low CLPCOP Price Change
4.5531126 4.5531126 4.5531126 4.5531126 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term down The long-term trend has been DOWN since Aug 15th, 2021 at 4.9866006

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2021 at 5.0508282

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 4.8722946

Smart Scan Analysis for CLPCOP

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

-90
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5531126 4.5531126 4.5531126 4.5531126 0.0000000
Prev. Close Volume Bid Ask Time
4.6632183 2021-10-12 21:08:37
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