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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
US Dollar/Chilean Peso (FOREX:USDCLP)
Weak Downtrend (-65) - USDCLP is showing signs of a strengthening downtrend. Monitor USDCLP as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for USDCLP
The long-term trend has been UP since Oct 30th, 2024 at 961.00
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 991.28
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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 984.87 | 985.93 | 972.20 | 972.20 | -12.67 |
| Prev. Close | Volume | Bid | Ask | Time |
| 984.87 | 2025-02-04 19:25:06 |