Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
US Dollar/Chilean Peso (FOREX:USDCLP)
Strong Uptrend (+100) - USDCLP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCLP 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 USDCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCLP
The long-term trend has been UP since Jun 18th, 2021 at 742.80
The intermediate-term trend has been UP since Sep 27th, 2021 at 794.79
The short-term trend has been UP since Sep 24th, 2021 at 790.30
Smart Scan Analysis for USDCLP
Based on our trend formula, USDCLP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).