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Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Chilean Peso/Chinese Yuan Renminbi (FOREX:CLPCNY)
Sidelines Mode (+50) - CLPCNY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CLPCNY can gain 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.
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MarketClub’s Trade Triangles for CLPCNY
The long-term trend has been DOWN since Aug 1st, 2023 at 0.00857354
The intermediate-term trend has been UP since Apr 5th, 2024 at 0.00744759
The short-term trend has been UP since May 3rd, 2024 at 0.00746724
Smart Scan Analysis for CLPCNY
Based on our trend formula, CLPCNY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00748352 | 0.00748352 | 0.00748352 | 0.00748352 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00748352 | 2024-05-03 07:26:23 |