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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Bull Market Weakness (+75) - CLPMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPMXN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CLPMXN
Open High Low CLPMXN Price Change
0.01834369 0.01834369 0.01834369 0.01834369 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term up The long-term trend has been UP since May 15th, 2024 at 0.01834331

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.01758420

short term down The short-term trend has been DOWN since May 23rd, 2024 at 0.01852260

Smart Scan Analysis for CLPMXN

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

+75
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01834369 0.01834369 0.01834369 0.01834369 0.00000000
Prev. Close Volume Bid Ask Time
0.01834369 2024-05-24 07:26:09
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