Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Chilean Peso/US Dollar (FOREX:CLPUSD)
Weak Uptrend (+65) - CLPUSD is showing signs of weakening momentum to the upside. Monitor CLPUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CLPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPUSD
The long-term trend has been UP since Jun 1st, 2020 at 0.00125204
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.00129283
The short-term trend has been UP since Dec 1st, 2020 at 0.00131500
Smart Scan Analysis for CLPUSD
Based on our trend formula, CLPUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).