Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Swiss Franc/Chilean Peso (FOREX:CHFCLP)
Bull Market Weakness (+75) - CHFCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFCLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CHFCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFCLP
The long-term trend has been UP since Jul 8th, 2021 at 823.8822
The intermediate-term trend has been UP since Sep 29th, 2021 at 867.0801
The short-term trend has been DOWN since Oct 19th, 2021 at 883.7844
Smart Scan Analysis for CHFCLP
Based on our trend formula, CHFCLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).