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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Chilean Peso/Euro (FOREX:CLPEUR)

Countertrend Down (-85) - CLPEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_CLPEUR
Open High Low CLPEUR Price Change
0.00097 0.00097 0.00097 0.00097 0.00000
Entry Signal

MarketClub’s Trade Triangles for CLPEUR

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 0.000960

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 0.000970

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.000975

Smart Scan Analysis for CLPEUR

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

-85
Smart Scan Analysis for CLPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00097 0.00097 0.00097 0.00097 0.00000
Prev. Close Volume Bid Ask Time
0.00097 2024-12-07 04:22:57
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