Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

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, SHORTSYMBOL 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.

FOREX_CNYCLP
Open High Low CNYCLP Price Change
108.82109 108.82109 108.82109 108.82109 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYCLP

long term down The long-term trend has been DOWN since Dec 13th, 2020 at 112.35959

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 111.77116

short term down The short-term trend has been DOWN since Feb 9th, 2021 at 113.22293

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).

-100
Smart Scan Analysis for CNYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.82109 108.82109 108.82109 108.82109 0.00000
Prev. Close Volume Bid Ask Time
108.82109 2021-02-25 07:31:40
Get a free daily analysis and signals for Chinese Yuan Renminbi/Chilean Peso (CNYCLP) - Request Your Free Report.