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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Countertrend Up (+85) - CLPCOP 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 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
4.8171708 4.8171708 4.8171708 4.8171708 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term up The long-term trend has been UP since Jul 29th, 2022 at 4.7935730

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 4.6170673

short term up The short-term trend has been UP since Jul 29th, 2022 at 4.4496850

Smart Scan Analysis for CLPCOP

Based on our trend formula, CLPCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8171708 4.8171708 4.8171708 4.8171708 0.0000000
Prev. Close Volume Bid Ask Time
4.8171708 2022-08-10 07:20:34
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