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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/Chilean Unidad de Fomento (FOREX:USDCLF)
Long-Term Uptrend (+90) - USDCLF is in a strong uptrend that is likely to continue. While USDCLF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDCLF
The long-term trend has been UP since Oct 30th, 2024 at 0.03475005
The intermediate-term trend has been UP since Oct 8th, 2024 at 0.03378567
The short-term trend has been UP since Jan 17th, 2025 at 0.03673243
Smart Scan Analysis for USDCLF
Based on our trend formula, USDCLF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03662552 | 0.03663168 | 0.03649505 | 0.03649867 | -0.00012700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03662552 | 2025-01-20 09:46:48 |