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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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
1075.3179 1075.5622 1068.3145 1072.0580 -3.2599
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long-term trend has been DOWN since Apr 30th, 2024 at 1031.1250

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2024 at 1065.0241

short term up The short-term trend has been UP since Jul 17th, 2024 at 1023.7794

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
1075.3179 1075.5622 1068.3145 1072.0580 -3.2599
Prev. Close Volume Bid Ask Time
1075.3179 2024-07-26 20:38:30
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