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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Chilean Peso (FOREX:USDCLP)

Strong Downtrend (-100) - USDCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_USDCLP
Open High Low USDCLP Price Change
792.8000 792.8000 792.8000 792.8000 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 798.6

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2020 at 826.6

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 798.7

Smart Scan Analysis for USDCLP

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

-100
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
792.8000 792.8000 792.8000 792.8000 0.0000
Prev. Close Volume Bid Ask Time
792.8000 792.7942 792.8058 2020-06-02 04:51:24
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