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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Crossroads (+60) - JPYCLP is struggling to move into a solid trend. Beware of choppy markets 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
6.0353238 6.0353238 6.0353238 6.0353238 0.0000000
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 5.7536500

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2023 at 6.0903566

short term up The short-term trend has been UP since Dec 5th, 2023 at 5.9141436

Smart Scan Analysis for JPYCLP

Based on our trend formula, JPYCLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0353238 6.0353238 6.0353238 6.0353238 0.0000000
Prev. Close Volume Bid Ask Time
6.0353238 2023-12-08 11:23:01
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