Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
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.
MarketClub’s Trade Triangles for JPYCLP
The long-term trend has been DOWN since Sep 7th, 2022 at 6.1071358
The intermediate-term trend has been UP since Mar 15th, 2023 at 6.1516919
The short-term trend has been UP since Mar 24th, 2023 at 6.2391274
Smart Scan Analysis for JPYCLP
Based on our trend formula, JPYCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).