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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)

Long-Term Downtrend (-90) - CLPPEN is in a strong downtrend that is likely to continue. While CLPPEN 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 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
0.00494231 0.00494231 0.00494231 0.00494231 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 down The intermediate-term trend has been DOWN since Sep 12th, 2021 at 0.00523436

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 0.00524105

Smart Scan Analysis for CLPPEN

Based on our trend formula, CLPPEN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00494231 0.00494231 0.00494231 0.00494231 0.00000000
Prev. Close Volume Bid Ask Time
0.00483445 2021-10-12 21:08:37
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