Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Chilean Unidad de Fomento (FOREX:USDCLF)
Bull Market Weakness (+75) - USDCLF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCLF as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Nov 15th, 2024 at 0.03531867
Smart Scan Analysis for USDCLF
Based on our trend formula, USDCLF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03520052 | 0.03520052 | 0.03520052 | 0.03520052 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03520052 | 2024-11-20 03:42:59 |