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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Chilean Peso/Swiss Franc (FOREX:CLPCHF)

Countertrend Up (+85) - CLPCHF 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 CLPCHF?

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

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

FOREX_CLPCHF
Open High Low CLPCHF Price Change
0.00101054 0.00101431 0.00101054 0.00101431 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for CLPCHF

long term up The long-term trend has been UP since Apr 30th, 2024 at 0.00096985

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.00092242

short term down The short-term trend has been DOWN since May 23rd, 2024 at 0.00101565

Smart Scan Analysis for CLPCHF

Based on our trend formula, CLPCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CLPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00101054 0.00101431 0.00101054 0.00101431 +0.00000400
Prev. Close Volume Bid Ask Time
0.00101054 2024-05-25 22:44:49
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