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Forex Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)

Strong Downtrend (-100) - CLPPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CLPPEN continues to fall. 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
0.00421148 0.00421148 0.00421148 0.00421148 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term down The long-term trend has been DOWN since May 28th, 2023 at 0.00459089

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2023 at 0.00427748

short term down The short-term trend has been DOWN since Sep 5th, 2023 at 0.00432943

Smart Scan Analysis for CLPPEN

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

-100
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00421148 0.00421148 0.00421148 0.00421148 0.00000000
Prev. Close Volume Bid Ask Time
0.00419540 2023-09-23 13:03:36
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