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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.

FOREX_CNYCLP
Open High Low CNYCLP Price Change
112.77393 112.77393 112.77393 112.77393 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYCLP

long term up The long-term trend has been UP since Aug 31st, 2018 at 99.41000

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2020 at 120.85143

short term down 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).

-70
Smart Scan Analysis for CNYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.77393 112.77393 112.77393 112.77393 0.00000
Prev. Close Volume Bid Ask Time
112.77393 110.98275 114.56510 2020-05-26 07:14:37
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