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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Euro/Chilean Peso (FOREX:EURCLP)

Sidelines Mode (-55) - EURCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
933.9932 933.9932 933.9932 933.9932 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURCLP

long term up The long-term trend has been UP since May 13th, 2019 at 764.3100

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2020 at 943.4518

short term up The short-term trend has been UP since Apr 2nd, 2020 at 943.4518

Smart Scan Analysis for EURCLP

Based on our trend formula, EURCLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
933.9932 933.9932 933.9932 933.9932 0.0000
Prev. Close Volume Bid Ask Time
933.9932 919.9932 947.9932 2020-04-08 07:14:56
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