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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Chilean Peso/Colombian Peso (FOREX:CLPCOP)

Bear Market Rally (-75) - CLPCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPCOP as it may be in the beginning of a reversal.

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

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

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

FOREX_CLPCOP
Open High Low CLPCOP Price Change
3.9983053 3.9983053 3.9983053 3.9983053 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCOP

long term down The long-term trend has been DOWN since Apr 7th, 2023 at 5.6214546

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 4.0337580

short term up The short-term trend has been UP since Apr 5th, 2024 at 3.9450590

Smart Scan Analysis for CLPCOP

Based on our trend formula, CLPCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9983053 3.9983053 3.9983053 3.9983053 0.0000000
Prev. Close Volume Bid Ask Time
3.9983053 2024-04-18 07:26:27
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