Free Daily Analysis

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.

FOREX_CLPPEN
Open High Low CLPPEN Price Change
0.00404419 0.00404419 0.00404419 0.00404419 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPPEN

long term up The long-term trend has been UP since May 19th, 2024 at 0.00406790

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00404235

short term down 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).

+55
Smart Scan Analysis for CLPPEN
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Chilean Peso/Peruvian Nuevo Sol (CLPPEN) - Request Your Free Report.