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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Long-Term Downtrend (-90) - CHFCLP is in a strong downtrend that is likely to continue. While CHFCLP 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 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
773.5947 774.0048 772.9378 773.5754 -0.0193
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 819.1934

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 807.7216

short term down The short-term trend has been DOWN since Feb 10th, 2021 at 815.4841

Smart Scan Analysis for CHFCLP

Based on our trend formula, CHFCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
773.5947 774.0048 772.9378 773.5754 -0.0193
Prev. Close Volume Bid Ask Time
773.5947 2021-02-25 02:59:51
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