Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Chilean Peso/Australian Dollar (FOREX:CLPAUD)
Sidelines Mode (+50) - CLPAUD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPAUD can gain momentum.
Is it time to buy, sell, or avoid
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 DOWN since May 28th, 2019 at 0.00205400
The intermediate-term trend has been UP since Feb 3rd, 2020 at 0.00189760
The short-term trend has been UP since Feb 17th, 2020 at 0.00188643
Smart Scan Analysis for CLPAUD
Based on our trend formula, CLPAUD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).