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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Chilean Peso (FOREX:USDCLP)
Crossroads (+60) - USDCLP is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for USDCLP
The long-term trend has been DOWN since May 7th, 2024 at 928.35
The intermediate-term trend has been UP since Jul 22nd, 2024 at 949.71
The short-term trend has been UP since Jul 17th, 2024 at 915.55
Smart Scan Analysis for USDCLP
Based on our trend formula, USDCLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 946.86 | 949.03 | 944.39 | 947.34 | +0.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 946.86 | 2024-07-26 17:00:20 |