Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Weak Downtrend (-65) - CLPPEN is showing signs of a strengthening downtrend. Monitor CLPPEN as it may be building momentum to the downside.
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 DOWN since Nov 23rd, 2020 at 0.00474012
The short-term trend has been DOWN since Nov 18th, 2020 at 0.00476833
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).