Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Bull Market Weakness (+75) - CLPMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPMXN as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been UP since Feb 18th, 2021 at 0.02814573
The intermediate-term trend has been UP since Feb 18th, 2021 at 0.02774209
The short-term trend has been UP since Feb 9th, 2021 at 0.02745145
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).