Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/Chilean Peso (FOREX:JPYCLP)
Bull Market Weakness (+75) - JPYCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYCLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCLP.
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 JPYCLP
The long-term trend has been UP since Aug 1st, 2024 at 6.3496023
The intermediate-term trend has been UP since Nov 12th, 2024 at 6.3779974
The short-term trend has been DOWN since Nov 14th, 2024 at 6.2888831
Smart Scan Analysis for JPYCLP
Based on our trend formula, JPYCLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.3237974 | 6.3497529 | 6.2725705 | 6.2830067 | -0.0407910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.3237974 | 2024-11-19 14:05:08 |