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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Countertrend Down (-85) - CLPCOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
4.6449529 4.6449529 4.6449529 4.6449529 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 4.6964240

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2020 at 4.8113774

short term up The short-term trend has been UP since Dec 2nd, 2020 at 4.7309877

Smart Scan Analysis for CLPCOP

Based on our trend formula, CLPCOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6449529 4.6449529 4.6449529 4.6449529 0.0000000
Prev. Close Volume Bid Ask Time
4.6449529 2020-12-04 07:18:24
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