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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Sidelines Mode (-55) - JPYCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
7.175404 7.210439 7.136827 7.187302 +0.011898
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term up The long-term trend has been UP since Jul 8th, 2021 at 6.845880

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2021 at 7.113025

short term up The short-term trend has been UP since Oct 22nd, 2021 at 7.199968

Smart Scan Analysis for JPYCLP

Based on our trend formula, JPYCLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.175404 7.210439 7.136827 7.187302 +0.011898
Prev. Close Volume Bid Ask Time
7.175404 2021-10-22 16:57:29
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