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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)

Crossroads (-60) - CLPCNY 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 CLPCNY?

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

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

FOREX_CLPCNY
Open High Low CLPCNY Price Change
0.00744759 0.00744759 0.00744759 0.00744759 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCNY

long term down The long-term trend has been DOWN since Aug 1st, 2023 at 0.00857354

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 0.00736088

short term up The short-term trend has been UP since Mar 13th, 2024 at 0.00729933

Smart Scan Analysis for CLPCNY

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

-60
Smart Scan Analysis for CLPCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00744759 0.00744759 0.00744759 0.00744759 0.00000000
Prev. Close Volume Bid Ask Time
0.00744759 2024-03-18 15:33:34
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