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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Australian Dollar/Chilean Peso (FOREX:AUDCLP)

Countertrend Up (+85) - AUDCLP 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 AUDCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDCLP
Open High Low AUDCLP Price Change
604.54532 609.02207 604.25135 608.95761 +4.41229
Entry Signal

MarketClub’s Trade Triangles for AUDCLP

long term up The long-term trend has been UP since May 25th, 2021 at 572.42156

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2021 at 566.16854

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 606.55089

Smart Scan Analysis for AUDCLP

Based on our trend formula, AUDCLP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AUDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
604.54532 609.02207 604.25135 608.95761 +4.41229
Prev. Close Volume Bid Ask Time
604.54532 2021-10-28 12:36:04
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