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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Sidelines Mode (+55) - CLPMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been UP since May 15th, 2024 at 0.01834331
The intermediate-term trend has been DOWN since Jul 21st, 2024 at 0.01917135
The short-term trend has been UP since Jul 25th, 2024 at 0.01925975
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01927475 | 0.01927475 | 0.01927475 | 0.01927475 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01927475 | 2024-07-26 07:26:05 |