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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Euro/Chilean Peso (FOREX:EURCLP)

Strong Downtrend (-100) - EURCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
846.0265 846.0265 846.0265 846.0265 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURCLP

long term down The long-term trend has been DOWN since Nov 3rd, 2020 at 899.7756

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 879.3593

short term down The short-term trend has been DOWN since Apr 16th, 2021 at 846.5566

Smart Scan Analysis for EURCLP

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

-100
Smart Scan Analysis for EURCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
846.0265 846.0265 846.0265 846.0265 0.0000
Prev. Close Volume Bid Ask Time
846.0265 2021-05-04 21:12:59
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