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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)
Sidelines Mode (+50) - CLPCNY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPCNY can gain momentum.
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.
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MarketClub’s Trade Triangles for CLPCNY
The long-term trend has been DOWN since Sep 11th, 2024 at 0.00749551
The intermediate-term trend has been UP since Dec 2nd, 2024 at 0.00742293
The short-term trend has been UP since Nov 26th, 2024 at 0.00741745
Smart Scan Analysis for CLPCNY
Based on our trend formula, CLPCNY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00746107 | 0.00746107 | 0.00746107 | 0.00746107 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00747057 | 2024-12-02 07:25:13 |