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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Sidelines Mode (+55) - CLPPEN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CLPPEN
The long-term trend has been UP since May 19th, 2024 at 0.00406790
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00404235
The short-term trend has been DOWN since Sep 11th, 2024 at 0.00402862
Smart Scan Analysis for CLPPEN
Based on our trend formula, CLPPEN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00404419 | 0.00404419 | 0.00404419 | 0.00404419 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00404419 | 2024-10-06 21:06:27 |