Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Weak Downtrend (-65) - CLPMXN is showing signs of a strengthening downtrend. Monitor CLPMXN as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been UP since Mar 9th, 2020 at 0.02541520
The intermediate-term trend has been DOWN since May 26th, 2020 at 0.02855733
The short-term trend has been DOWN since May 19th, 2020 at 0.02896116
Smart Scan Analysis for CLPMXN
Based on our trend formula, CLPMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).