Free Daily Analysis

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.

FOREX_CHFCLP
Open High Low CHFCLP Price Change
886.7246 890.8359 876.6901 877.1645 -9.5601
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since Jul 8th, 2021 at 823.8822

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 867.0801

short term down 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).

+75
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
886.7246 890.8359 876.6901 877.1645 -9.5601
Prev. Close Volume Bid Ask Time
886.7246 2021-10-19 23:40:49
Get a free daily analysis and signals for Swiss Franc/Chilean Peso (CHFCLP) - Request Your Free Report.