Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for CLPPEN
The long-term trend has been DOWN since May 13th, 2019 at 0.00487700
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 0.00436020
The short-term trend has been DOWN since Mar 9th, 2020 at 0.00418409
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).