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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Chilean Peso (FOREX:EURCLP)

Bull Market Weakness (+75) - EURCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURCLP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURCLP?

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

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

FOREX_EURCLP
Open High Low EURCLP Price Change
1031.62 1031.62 1031.62 1031.62 0.00
Entry Signal

MarketClub’s Trade Triangles for EURCLP

long term down The long-term trend has been DOWN since May 9th, 2024 at 1015.01

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2024 at 1015.14

short term up The short-term trend has been UP since Jul 21st, 2024 at 995.79

Smart Scan Analysis for EURCLP

Based on our trend formula, EURCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1031.62 1031.62 1031.62 1031.62 0.00
Prev. Close Volume Bid Ask Time
1031.62 2024-07-26 07:26:05
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