Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Canadian Dollar/Chilean Peso (FOREX:CADCLP)
Weak Uptrend (+65) - CADCLP is showing signs of weakening momentum to the upside. Monitor CADCLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADCLP
The long-term trend has been UP since May 10th, 2019 at 511.61000
The intermediate-term trend has been DOWN since Mar 17th, 2020 at 599.45999
The short-term trend has been UP since Mar 30th, 2020 at 602.05396
Smart Scan Analysis for CADCLP
Based on our trend formula, CADCLP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).