Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
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 Jan 6th, 2023 at 0.00118
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 0.00123
The short-term trend has been UP since Mar 22nd, 2023 at 0.00122
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).