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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
US Dollar/Chilean Unidad de Fomento (FOREX:USDCLF)
Strong Uptrend (+100) - USDCLF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCLF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDCLF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCLF.
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 USDCLF
The long-term trend has been UP since Oct 30th, 2024 at 0.03475005
The intermediate-term trend has been UP since Oct 8th, 2024 at 0.03378567
The short-term trend has been UP since Nov 22nd, 2024 at 0.03534222
Smart Scan Analysis for USDCLF
Based on our trend formula, USDCLF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03528931 | 0.03575610 | 0.03528061 | 0.03575138 | +0.00046200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03528931 | 2024-11-22 12:37:52 |