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'we monitor closely' is correct and usable in written English.
You can use it whenever you want to emphasize careful and close attention. For example, "We monitor the stock market closely to ensure we don't miss any potential opportunities."
Exact(2)
A DfT spokesman said: "We monitor closely the performance of all rail franchises and each franchise agreement contains clear penalty regimes for repeated poor performance.
If eculizumab is withdrawn in such a patient then we monitor closely the TMA markers.
Similar(58)
"Obviously, this is something we will monitor closely," said Stevens.
"It's flared up at the moment so it's something we will monitor closely," said Cardiff City manager Malky Mackay.
For all of the showmanship, bluster, criticism, and controversy, Donald Trump is now a serious contender, someone we must monitor closely heading past the Iowa caucuses on Monday.
We will continue to monitor closely, as we need to see confirmation in purchase intent moving into the new year.
We continue to monitor closely Libya's adherence to this pledge".
"We will continue to monitor closely any spread of the U.S. challenges to other geographies," Mr. Chambers said.
But in the lifetime of the goals, we also need to monitor closely this fragile ecosystem.
It's something we are monitoring closely.
We have approved these further cost savings, although we have made clear that they must not compromise programme quality, which we will be monitoring closely.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com