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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

Chilean Unidad de Fomento/Chilean Peso (FOREX:CLFCLP)

Countertrend Up (+85) - CLFCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CLFCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLFCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLFCLP
Open High Low CLFCLP Price Change
29301.98 29301.98 29301.98 29301.98 0.00
Entry Signal

MarketClub’s Trade Triangles for CLFCLP

long term up The long-term trend has been UP since Oct 1st, 2020 at 28705.94

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2021 at 29073.15

short term up The short-term trend has been UP since Jan 13th, 2021 at 29070.32

Smart Scan Analysis for CLFCLP

Based on our trend formula, CLFCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CLFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29301.98 29301.98 29301.98 29301.98 0.00
Prev. Close Volume Bid Ask Time
29301.98 2021-03-02 00:25:37
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