Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Chilean Peso/US Dollar (FOREX:CLPUSD)
Crossroads (-60) - CLPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 8th, 2021 at 0.00135000
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00140449
Smart Scan Analysis for CLPUSD
Based on our trend formula, CLPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).