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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)

Bear Market Rally (-75) - CLPCNY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPCNY as it may be in the beginning of a reversal.

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
0.00875262 0.00875262 0.00875262 0.00875262 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPCNY

long term down The long-term trend has been DOWN since Oct 12th, 2020 at 0.00858187

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2020 at 0.00869126

short term up The short-term trend has been UP since Dec 2nd, 2020 at 0.00860217

Smart Scan Analysis for CLPCNY

Based on our trend formula, CLPCNY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00875262 0.00875262 0.00875262 0.00875262 0.00000000
Prev. Close Volume Bid Ask Time
0.00875262 2020-12-04 07:18:24
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