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Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)
Bull Market Weakness (+75) - CNYCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYCLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNYCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYCLP.
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 CNYCLP
The long-term trend has been UP since Jun 15th, 2022 at 129.61025
The intermediate-term trend has been UP since Jun 15th, 2022 at 124.57316
The short-term trend has been UP since Jun 15th, 2022 at 124.41030
Smart Scan Analysis for CNYCLP
Based on our trend formula, CNYCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 137.60265 | 137.60265 | 137.60265 | 137.60265 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 137.10907 | 2022-06-28 07:20:52 |