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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)

Sidelines Mode (+50) - CLPPEN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPPEN can gain momentum.

Is it time to buy, sell, or avoid CLPPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLPPEN
Open High Low CLPPEN Price Change
0.00435375 0.00435375 0.00435375 0.00435375 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 0.00515480

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 0.00408665

short term up The short-term trend has been UP since Jul 29th, 2022 at 0.00392052

Smart Scan Analysis for CLPPEN

Based on our trend formula, CLPPEN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00435375 0.00435375 0.00435375 0.00435375 0.00000000
Prev. Close Volume Bid Ask Time
0.00435375 2022-08-10 07:20:34
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