Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Chilean Peso/Euro (FOREX:CLPEUR)
Strong Downtrend (-100) - CLPEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for CLPEUR
The long-term trend has been DOWN since May 13th, 2019 at 0.00129
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 0.00117
The short-term trend has been DOWN since Feb 20th, 2020 at 0.00116
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).