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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Chilean Peso/Mexican Peso (FOREX:CLPMXN)
Bear Market Rally (-75) - CLPMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPMXN as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CLPMXN
The long-term trend has been DOWN since Apr 10th, 2023 at 0.02207932
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.01730958
The short-term trend has been UP since Apr 5th, 2024 at 0.01690516
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01734674 | 0.01734674 | 0.01734674 | 0.01734674 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01734674 | 2024-04-18 07:26:27 |