Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Bear Market Rally (-75) - CLPMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPMXN as it may be in the beginning of a reversal.

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
0.01729308 0.01729308 0.01729308 0.01729308 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term down The long-term trend has been DOWN since Apr 10th, 2023 at 0.02207932

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.01730958

short term up The short-term trend has been UP since Apr 5th, 2024 at 0.01690516

Smart Scan Analysis for CLPMXN

Based on our trend formula, CLPMXN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01729308 0.01729308 0.01729308 0.01729308 0.00000000
Prev. Close Volume Bid Ask Time
0.01731178 2024-04-10 21:04:05
Get a free daily analysis and signals for Chilean Peso/Mexican Peso (CLPMXN) - Request Your Free Report.