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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been UP since Feb 2nd, 2025 at 0.02119972
The intermediate-term trend has been UP since Jan 9th, 2025 at 0.02045719
The short-term trend has been UP since Jan 9th, 2025 at 0.02042865
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02080561 | 0.02091543 | 0.02080561 | 0.02091543 | +0.00011000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02080561 | 2025-02-04 21:00:20 |