Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Chilean Peso/Peruvian Nuevo Sol (FOREX:CLPPEN)
Strong Downtrend (-100) - CLPPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CLPPEN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CLPPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPPEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPPEN
The long-term trend has been DOWN since Sep 29th, 2021 at 0.00515480
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 0.00444440
The short-term trend has been DOWN since Jun 15th, 2022 at 0.00444514
Smart Scan Analysis for CLPPEN
Based on our trend formula, CLPPEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).