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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

US Dollar/Chilean Unidad de Fomento (FOREX:USDCLF)

Weak Downtrend (-65) - USDCLF is showing signs of a strengthening downtrend. Monitor USDCLF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDCLF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDCLF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDCLF
Open High Low USDCLF Price Change
0.02895656 0.02895656 0.02895656 0.02895656 0.00000000
Entry Signal

MarketClub’s Trade Triangles for USDCLF

long term up The long-term trend has been UP since Apr 22nd, 2019 at 0.02408900

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2020 at 0.03021412

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.02894931

Smart Scan Analysis for USDCLF

Based on our trend formula, USDCLF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02895656 0.02895656 0.02895656 0.02895656 0.00000000
Prev. Close Volume Bid Ask Time
0.02895656 0.02893844 0.02897468 2020-05-31 16:38:04
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