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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Chilean Peso (FOREX:USDCLP)
Long-Term Downtrend (-90) - USDCLP is in a strong downtrend that is likely to continue. While USDCLP is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for USDCLP
The long-term trend has been DOWN since Feb 14th, 2025 at 951.93
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 991.28
The short-term trend has been DOWN since Feb 21st, 2025 at 942.50
Smart Scan Analysis for USDCLP
Based on our trend formula, USDCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 943.78 | 944.28 | 939.60 | 942.76 | -1.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 944.08 | 2025-02-21 13:57:28 |