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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Crossroads (-60) - CHFCLP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1041.5219 1044.4908 1031.2297 1039.4063 -2.1156
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since Jan 8th, 2024 at 1064.3122

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 1084.1068

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 1055.8298

Smart Scan Analysis for CHFCLP

Based on our trend formula, CHFCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1041.5219 1044.4908 1031.2297 1039.4063 -2.1156
Prev. Close Volume Bid Ask Time
1041.5219 2024-04-25 16:53:58
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