Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Chilean Peso/Euro (FOREX:CLPEUR)
Bull Market Weakness (+75) - CLPEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPEUR as it may be in the beginning stages of a reversal.
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 Sep 5th, 2022 at 0.001150
The intermediate-term trend has been DOWN since Feb 27th, 2023 at 0.001145
The short-term trend has been UP since Mar 23rd, 2023 at 0.001140
Smart Scan Analysis for CLPEUR
Based on our trend formula, CLPEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).