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Forex Trend Analysis Report

Prepared for you on Sunday, September 8, 2024.

Chilean Peso/Euro (FOREX:CLPEUR)

Long-Term Downtrend (-90) - CLPEUR is in a strong downtrend that is likely to continue. While CLPEUR 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 CLPEUR?

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

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

FOREX_CLPEUR
Open High Low CLPEUR Price Change
0.00096 0.00096 0.00096 0.00096 0.00000
Entry Signal

MarketClub’s Trade Triangles for CLPEUR

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 0.00096

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 0.00098

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 0.00098

Smart Scan Analysis for CLPEUR

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

-90
Smart Scan Analysis for CLPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00096 0.00096 0.00096 0.00096 0.00000
Prev. Close Volume Bid Ask Time
0.00096 2024-09-07 04:49:24
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