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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

US Dollar/Chilean Unidad de Fomento (FOREX:USDCLF)

Weak Downtrend (-65) - USDCLF is showing signs of a strengthening downtrend. Monitor USDCLF as it may be building momentum to the downside.

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.

FOREX_USDCLF
Open High Low USDCLF Price Change
0.02657915 0.02657915 0.02657915 0.02657915 0.00000000
Entry Signal

MarketClub’s Trade Triangles for USDCLF

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 0.02894569

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.02609352

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.02601379

Smart Scan Analysis for USDCLF

Based on our trend formula, USDCLF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02657915 0.02657915 0.02657915 0.02657915 0.00000000
Prev. Close Volume Bid Ask Time
0.02657915 2021-03-06 21:19:51
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