Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Chilean Peso/US Dollar (FOREX:CLPUSD)
Long-Term Downtrend (-90) - CLPUSD is in a strong downtrend that is likely to continue. While CLPUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Apr 25th, 2022 at 0.00117
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.00118
The short-term trend has been DOWN since Jun 7th, 2022 at 0.00121
Smart Scan Analysis for CLPUSD
Based on our trend formula, CLPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).