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Forex Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Sidelines Mode (+55) - CHFCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
846.7720 847.1116 839.9948 845.2972 -1.4748
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long-term trend has been UP since Aug 10th, 2020 at 872.9649

intermediate term down The intermediate-term trend has been DOWN since Sep 1st, 2020 at 855.4139

short term up The short-term trend has been UP since Sep 21st, 2020 at 842.7646

Smart Scan Analysis for CHFCLP

Based on our trend formula, CHFCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
846.7720 847.1116 839.9948 845.2972 -1.4748
Prev. Close Volume Bid Ask Time
846.7720 845.2512 845.3431 2020-09-22 16:36:30
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