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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Sidelines Mode (+50) - CLPCOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPCOP can gain momentum.

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
4.1024149 4.1024149 4.1024149 4.1024149 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term down The long-term trend has been DOWN since Apr 7th, 2023 at 5.6214546

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 4.0647895

short term up The short-term trend has been UP since Apr 5th, 2024 at 3.9450590

Smart Scan Analysis for CLPCOP

Based on our trend formula, CLPCOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1024149 4.1024149 4.1024149 4.1024149 0.0000000
Prev. Close Volume Bid Ask Time
4.1024149 2024-04-23 07:26:24
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