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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)
Strong Downtrend (-100) - CNYCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNYCLP continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 6th, 2025 at 133.56632
The intermediate-term trend has been DOWN since Feb 4th, 2025 at 135.90513
The short-term trend has been DOWN since Feb 4th, 2025 at 136.09296
Smart Scan Analysis for CNYCLP
Based on our trend formula, CNYCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.63926 | 130.63926 | 130.63926 | 130.63926 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 130.21121 | 2025-02-19 21:00:25 |