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Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Sidelines Mode (+50) - CLPPEN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPPEN can gain momentum.
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 DOWN since Sep 29th, 2021 at 0.00515480
The intermediate-term trend has been UP since Jul 29th, 2022 at 0.00408665
The short-term trend has been UP since Jul 29th, 2022 at 0.00392052
Smart Scan Analysis for CLPPEN
Based on our trend formula, CLPPEN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00435375 | 0.00435375 | 0.00435375 | 0.00435375 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00435375 | 2022-08-10 07:20:34 |