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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Strong Downtrend (-100) - JPYCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYCLP continues to fall. Traders should use caution and set stops.

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.

FOREX_JPYCLP
Open High Low JPYCLP Price Change
6.057587 6.057587 6.057587 6.057587 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 6.0948657

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 6.3986319

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 6.2775549

Smart Scan Analysis for JPYCLP

Based on our trend formula, JPYCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.057587 6.057587 6.057587 6.057587 0.000000
Prev. Close Volume Bid Ask Time
6.057587 2024-04-26 05:19:05
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