Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Long-Term Downtrend (-90) - CLPMXN is in a strong downtrend that is likely to continue. While CLPMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been DOWN since Dec 17th, 2024 at 0.02070876
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.02073396
The short-term trend has been DOWN since Dec 9th, 2024 at 0.02073396
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02044336 | 0.02044336 | 0.02044336 | 0.02044336 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02044336 | 2024-12-21 06:23:56 |