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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Crossroads (-60) - CLPMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since May 15th, 2024 at 0.01834331
The intermediate-term trend has been DOWN since Nov 8th, 2024 at 0.02088936
The short-term trend has been DOWN since Nov 8th, 2024 at 0.02088936
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02094956 | 0.02094956 | 0.02094956 | 0.02094956 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02075321 | 2024-11-15 20:04:25 |