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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.

FOREX_CLPUSD
Open High Low CLPUSD Price Change
0.00135777 0.00137000 0.00135777 0.00136874 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for CLPUSD

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.00125204

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 0.00135000

short term down 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).

-60
Smart Scan Analysis for CLPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00135777 0.00137000 0.00135777 0.00136874 +0.00001100
Prev. Close Volume Bid Ask Time
0.00135777 2021-03-09 06:28:02
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