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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

US Dollar/Chilean Peso (FOREX:USDCLP)

Bull Market Weakness (+75) - USDCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCLP as it may be in the beginning stages of a reversal.

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
954.0314 954.0314 954.0314 954.0314 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDCLP

long term up The long-term trend has been UP since Jul 21st, 2023 at 824.560

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 986.231

short term up The short-term trend has been UP since Apr 10th, 2024 at 956.750

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).

+70
Smart Scan Analysis for USDCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
954.0314 954.0314 954.0314 954.0314 0.0000
Prev. Close Volume Bid Ask Time
954.0314 2024-04-13 18:02:08
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