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Forex Trend Analysis Report

Prepared for you on Tuesday, January 31, 2023.

Chilean Peso/Mexican Peso (FOREX:CLPMXN)

Countertrend Up (+85) - CLPMXN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.02336093 0.02336093 0.02330946 0.02330946 -0.00005100
Entry Signal

MarketClub’s Trade Triangles for CLPMXN

long term up The long-term trend has been UP since Dec 12th, 2022 at 0.02278938

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2022 at 0.02186414

short term up The short-term trend has been UP since Jan 2nd, 2023 at 0.02298950

Smart Scan Analysis for CLPMXN

Based on our trend formula, CLPMXN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CLPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02336093 0.02336093 0.02330946 0.02330946 -0.00005100
Prev. Close Volume Bid Ask Time
0.02338544 2023-01-26 21:07:56
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