Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Euro/Chilean Peso (FOREX:EURCLP)
Weak Downtrend (-65) - EURCLP is showing signs of a strengthening downtrend. Monitor EURCLP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for EURCLP
The long-term trend has been UP since Jun 2nd, 2021 at 882.4923
The intermediate-term trend has been DOWN since Jan 13th, 2022 at 956.1650
The short-term trend has been DOWN since Dec 26th, 2021 at 977.5457
Smart Scan Analysis for EURCLP
Based on our trend formula, EURCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).