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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)

Crossroads (-60) - CLPPEN 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 CLPPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLPPEN
Open High Low CLPPEN Price Change
0.00397761 0.00397761 0.00397761 0.00397761 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term down The long-term trend has been DOWN since Jan 10th, 2024 at 0.00407210

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2024 at 0.00390901

short term up The short-term trend has been UP since May 9th, 2024 at 0.00396108

Smart Scan Analysis for CLPPEN

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

-60
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00397761 0.00397761 0.00397761 0.00397761 0.00000000
Prev. Close Volume Bid Ask Time
0.00397761 2024-05-09 07:26:27
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