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Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Countertrend Down (-85) - CLPMXN 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 CLPMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been DOWN since May 2nd, 2022 at 0.02467526
The intermediate-term trend has been DOWN since Aug 19th, 2022 at 0.02222968
The short-term trend has been UP since Jul 29th, 2022 at 0.02072689
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02180493 | 0.02180493 | 0.02180493 | 0.02180493 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02180493 | 2022-08-19 07:18:29 |