Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Chilean Peso/Colombian Peso (FOREX:CLPCOP)
Weak Downtrend (-65) - CLPCOP is showing signs of a strengthening downtrend. Monitor CLPCOP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CLPCOP
The long-term trend has been UP since Jul 29th, 2022 at 4.7935730
The intermediate-term trend has been DOWN since Feb 28th, 2023 at 5.8412294
The short-term trend has been DOWN since Mar 8th, 2023 at 5.9661835
Smart Scan Analysis for CLPCOP
Based on our trend formula, CLPCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).