Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Chilean Peso/Euro (FOREX:CLPEUR)
Strong Uptrend (+100) - CLPEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CLPEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CLPEUR
The long-term trend has been UP since Dec 18th, 2020 at 0.001130
The intermediate-term trend has been UP since Feb 15th, 2021 at 0.001145
The short-term trend has been UP since Apr 15th, 2021 at 0.001190
Smart Scan Analysis for CLPEUR
Based on our trend formula, CLPEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).