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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.

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FOREX_CLPCNY
Open High Low CLPCNY Price Change
0.0072688 0.0072688 0.0072688 0.0072688 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CLPCNY

long term down The long-term trend has been DOWN since Jun 15th, 2022 at 0.00771729

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 0.00802940

short term down 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).

-90
Smart Scan Analysis for CLPCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0072688 0.0072688 0.0072688 0.0072688 0.0000000
Prev. Close Volume Bid Ask Time
0.0072950 2022-06-28 07:20:52
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