Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

US Dollar/Chilean Peso (FOREX:USDCLP)

Sidelines Mode (+55) - USDCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low USDCLP Price Change
824.45 824.45 817.51 822.75 -1.70
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term down The long-term trend has been DOWN since Dec 9th, 2022 at 860.53

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2023 at 813.89

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 819.20

Smart Scan Analysis for USDCLP

Based on our trend formula, USDCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
824.45 824.45 817.51 822.75 -1.70
Prev. Close Volume Bid Ask Time
824.45 2023-03-21 16:01:02
Get a free daily analysis and signals for US Dollar/Chilean Peso (USDCLP) - Request Your Free Report.