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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Countertrend Up (+85) - JPYCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
6.3017700 6.3151812 6.2799258 6.2954545 -0.0063160
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term up The long-term trend has been UP since Aug 1st, 2024 at 6.3496023

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 6.3779974

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 6.2888831

Smart Scan Analysis for JPYCLP

Based on our trend formula, JPYCLP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.3017700 6.3151812 6.2799258 6.2954545 -0.0063160
Prev. Close Volume Bid Ask Time
6.3017700 2024-11-21 13:40:30
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