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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Chilean Peso/US Dollar (FOREX:CLPUSD)

Sidelines Mode (+55) - CLPUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_CLPUSD
Open High Low CLPUSD Price Change
0.00121625 0.00123564 0.00121418 0.00123564 +0.00001900
Entry Signal

MarketClub’s Trade Triangles for CLPUSD

long term down The long-term trend has been DOWN since May 8th, 2019 at 0.00145800

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 0.00120000

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.00123047

Smart Scan Analysis for CLPUSD

Based on our trend formula, CLPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CLPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00121625 0.00123564 0.00121418 0.00123564 +0.00001900
Prev. Close Volume Bid Ask Time
0.00121625 0.00123527 0.00123601 2020-05-28 12:38:12
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