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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Euro/Chilean Peso (FOREX:EURCLP)

Long-Term Downtrend (-90) - EURCLP is in a strong downtrend that is likely to continue. While EURCLP 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 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
859.1425 859.1425 859.1425 859.1425 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 Feb 7th, 2021 at 882.7767

Smart Scan Analysis for EURCLP

Based on our trend formula, EURCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
859.1425 859.1425 859.1425 859.1425 0.0000
Prev. Close Volume Bid Ask Time
859.1425 2021-02-25 07:31:40
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