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.
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 2nd, 2021 at 0.00881419
The intermediate-term trend has been DOWN since Sep 12th, 2021 at 0.00826110
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).