Forex Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
Chilean Peso/British Pound (FOREX:CLPGBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CLPGBP
The long term trend has been UP since Dec 3rd, 2018 at 0.001175
The intermediate term trend has been UP since Nov 15th, 2018 at 0.001141
The short term trend has been UP since Dec 10th, 2018 at 0.001170
Smart Scan Analysis for CLPGBP
Based on a pre-defined weighted trend formula for chart analysis, CLPGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).