Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Chilean Peso/Australian Dollar (FOREX:CLPAUD)
Countertrend Up (+85) - CLPAUD 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 CLPAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPAUD
The long-term trend has been UP since Mar 15th, 2020 at 0.00195321
The intermediate-term trend has been UP since May 11th, 2020 at 0.00188016
The short-term trend has been UP since May 31st, 2020 at 0.00188066
Smart Scan Analysis for CLPAUD
Based on our trend formula, CLPAUD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).