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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Strong Downtrend (-100) - CLPMXN 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 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.

FOREX_CLPMXN
Open High Low CLPMXN Price Change
0.02518321 0.02518321 0.02518321 0.02518321 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term down The long-term trend has been DOWN since Jun 2nd, 2021 at 0.02753924

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2021 at 0.02586943

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 0.02536036

Smart Scan Analysis for CLPMXN

Based on our trend formula, CLPMXN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02518321 0.02518321 0.02518321 0.02518321 0.00000000
Prev. Close Volume Bid Ask Time
0.02475678 2021-10-12 21:08:37
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