Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Euro/Chilean Peso (FOREX:EURCLP)
Crossroads (-60) - EURCLP is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for EURCLP
The long-term trend has been DOWN since Nov 3rd, 2020 at 899.7756
The intermediate-term trend has been UP since Nov 15th, 2020 at 897.8791
The short-term trend has been UP since Nov 15th, 2020 at 897.8791
Smart Scan Analysis for EURCLP
Based on our trend formula, EURCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).