Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi/Chilean Peso (FOREX:CNYCLP)
Countertrend Down (-85) - CNYCLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CNYCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYCLP.
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 CNYCLP
The long-term trend has been DOWN since Feb 6th, 2025 at 133.56632
The intermediate-term trend has been DOWN since Apr 23rd, 2025 at 130.13908
The short-term trend has been UP since Apr 30th, 2025 at 130.05183
Smart Scan Analysis for CNYCLP
Based on our trend formula, CNYCLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.59898 | 130.59898 | 130.59898 | 130.59898 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 130.16521 | 2025-05-04 11:01:00 |