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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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
973.6046 995.8575 972.0223 989.4153 +15.8107
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since Jul 17th, 2023 at 924.0451

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2023 at 897.4576

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 979.7842

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
973.6046 995.8575 972.0223 989.4153 +15.8107
Prev. Close Volume Bid Ask Time
973.6046 2023-10-02 17:21:46
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