Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)
Long-Term Downtrend (-90) - CLPCNY is in a strong downtrend that is likely to continue. While CLPCNY is showing intraday strength, it remains in the confines of a bearish trend. 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPCNY
The long-term trend has been DOWN since Jun 15th, 2022 at 0.00771729
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 0.00802940
The short-term trend has been DOWN since Jun 15th, 2022 at 0.00803991
Smart Scan Analysis for CLPCNY
Based on our trend formula, CLPCNY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).