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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Chilean Peso (FOREX:USDCLP)
Countertrend Up (+85) - USDCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCLP.
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 USDCLP
The long-term trend has been UP since Oct 30th, 2024 at 961.00
The intermediate-term trend has been UP since Oct 8th, 2024 at 931.70
The short-term trend has been DOWN since Nov 15th, 2024 at 974.32
Smart Scan Analysis for USDCLP
Based on our trend formula, USDCLP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 973.40 | 977.30 | 970.23 | 971.29 | -2.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 973.40 | 2024-11-19 14:05:08 |