Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

US Dollar/Chilean Peso (FOREX:USDCLP)

Crossroads (-60) - USDCLP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDCLP
Open High Low USDCLP Price Change
970.72 971.50 970.28 971.33 +0.61
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term up The long-term trend has been UP since Oct 30th, 2024 at 961.00

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 991.28

short term down The short-term trend has been DOWN since Feb 4th, 2025 at 981.20

Smart Scan Analysis for USDCLP

Based on our trend formula, USDCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
970.72 971.50 970.28 971.33 +0.61
Prev. Close Volume Bid Ask Time
970.72 2025-02-06 07:22:41
Get a free daily analysis and signals for US Dollar/Chilean Peso (USDCLP) - Request Your Free Report.