Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)
Strong Uptrend (+100) - CLPCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CLPCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CLPCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPCNY
The long-term trend has been UP since Dec 13th, 2020 at 0.00890215
The intermediate-term trend has been UP since Feb 18th, 2021 at 0.00894911
The short-term trend has been UP since Feb 9th, 2021 at 0.00883436
Smart Scan Analysis for CLPCNY
Based on our trend formula, CLPCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).