Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Countertrend Up (+85) - CLPMXN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.02806013 0.02806013 0.02806013 0.02806013 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term up The long-term trend has been UP since Mar 9th, 2020 at 0.02541520

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2020 at 0.02376796

short term up The short-term trend has been UP since Feb 26th, 2020 at 0.02347245

Smart Scan Analysis for CLPMXN

Based on our trend formula, CLPMXN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02806013 0.02806013 0.02806013 0.02806013 0.00000000
Prev. Close Volume Bid Ask Time
0.02806013 0.02764434 0.02847591 2020-04-02 07:19:22
Get a free daily analysis and signals for Chilean Peso/Mexican Peso (CLPMXN) - Request Your Free Report.