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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Chilean Peso/US Dollar (FOREX:CLPUSD)
Bear Market Rally (-75) - CLPUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPUSD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CLPUSD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.00103
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 0.00107
The short-term trend has been UP since Nov 14th, 2024 at 0.00102
Smart Scan Analysis for CLPUSD
Based on our trend formula, CLPUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00102 | 0.00103 | 0.00102 | 0.00103 | +0.00001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00102 | 2024-11-19 11:26:46 |