Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
US Dollar/Chilean Peso (FOREX:USDCLP)
Sidelines Mode (+55) - USDCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for USDCLP
The long-term trend has been UP since Jul 21st, 2023 at 824.5600
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 958.6255
The short-term trend has been UP since Mar 19th, 2024 at 948.7800
Smart Scan Analysis for USDCLP
Based on our trend formula, USDCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
946.91 | 950.84 | 946.91 | 950.84 | +3.93 |
Prev. Close | Volume | Bid | Ask | Time |
946.91 | 2024-03-19 08:26:32 |