Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)
Weak Downtrend (-65) - CNYCLP is showing signs of a strengthening downtrend. Monitor CNYCLP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CNYCLP
The long-term trend has been UP since Aug 31st, 2018 at 99.41000
The intermediate-term trend has been DOWN since Mar 29th, 2020 at 120.85143
The short-term trend has been DOWN since Apr 29th, 2020 at 121.03823
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).