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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

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
0.00115 0.00115 0.00115 0.00115 0.00000
Entry Signal

MarketClub’s Trade Triangles for CLPUSD

long term down The long-term trend has been DOWN since Jul 17th, 2023 at 0.001220

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2023 at 0.001110

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 0.001145

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
0.00115 0.00115 0.00115 0.00115 0.00000
Prev. Close Volume Bid Ask Time
0.00115 2023-12-09 00:32:25
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