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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Chilean Peso/US Dollar (FOREX:CLPUSD)

Sidelines Mode (+55) - CLPUSD 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 CLPUSD?

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

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

FOREX_CLPUSD
Open High Low CLPUSD Price Change
0.00126775 0.00126775 0.00126775 0.00126775 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPUSD

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.00125204

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 0.00129066

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 0.00131000

Smart Scan Analysis for CLPUSD

Based on our trend formula, CLPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CLPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00126775 0.00126775 0.00126775 0.00126775 0.00000000
Prev. Close Volume Bid Ask Time
0.00126775 0.00126739 0.00126810 2020-08-09 01:51:50
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