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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Euro/Chilean Peso (FOREX:EURCLP)

Countertrend Up (+85) - EURCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EURCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURCLP
Open High Low EURCLP Price Change
952.4335 952.4335 952.4335 952.4335 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURCLP

long term up The long-term trend has been UP since Jun 2nd, 2021 at 882.4923

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2021 at 922.5597

short term up The short-term trend has been UP since Sep 21st, 2021 at 923.3297

Smart Scan Analysis for EURCLP

Based on our trend formula, EURCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
952.4335 952.4335 952.4335 952.4335 0.0000
Prev. Close Volume Bid Ask Time
946.4961 2021-10-12 21:08:37
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