Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)
Countertrend Up (+85) - CNYCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Sep 11th, 2024 at 133.43747
The intermediate-term trend has been UP since Oct 20th, 2024 at 132.03197
The short-term trend has been UP since Oct 20th, 2024 at 132.03197
Smart Scan Analysis for CNYCLP
Based on our trend formula, CNYCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.84226 | 134.84226 | 134.84226 | 134.84226 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.35488 | 2024-11-15 20:04:25 |