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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)

Strong Downtrend (-100) - CLPCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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FOREX_CLPCNY
Open High Low CLPCNY Price Change
0.00781861 0.00781861 0.00781861 0.00781861 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCNY

long term down The long-term trend has been DOWN since Jun 2nd, 2021 at 0.00881419

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2021 at 0.00826110

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 0.00823633

Smart Scan Analysis for CLPCNY

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

-100
Smart Scan Analysis for CLPCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00781861 0.00781861 0.00781861 0.00781861 0.00000000
Prev. Close Volume Bid Ask Time
0.00780530 2021-10-12 21:08:37
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