Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Bull Market Weakness (+75) - CLPPEN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPPEN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CLPPEN
The long-term trend has been UP since Jun 1st, 2020 at 0.00426120
The intermediate-term trend has been UP since Feb 18th, 2021 at 0.00501804
The short-term trend has been UP since Feb 9th, 2021 at 0.00496219
Smart Scan Analysis for CLPPEN
Based on our trend formula, CLPPEN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).