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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Chilean Peso/US Dollar (FOREX:CLPUSD)

Countertrend Down (-85) - CLPUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00101 0.00101 0.00101 0.00101 0.00000
Entry Signal

MarketClub’s Trade Triangles for CLPUSD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.00103

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 0.00107

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.00101

Smart Scan Analysis for CLPUSD

Based on our trend formula, CLPUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CLPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00101 0.00101 0.00101 0.00101 0.00000
Prev. Close Volume Bid Ask Time
0.00101 2024-12-21 08:23:56
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