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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

British Pound/Chilean Peso (FOREX:GBPCLP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

FOREX_GBPCLP
Open High Low GBPCLP Price Change
888.765 888.765 888.625 888.765 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term up The long term trend has been UP since Jul 2nd, 2018 at 864.605

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 904.195

short term down The short term trend has been DOWN since Oct 14th, 2018 at 890.910

Smart Scan Analysis for GBPCLP

Based on a pre-defined weighted trend formula for chart analysis, GBPCLP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
888.765 888.765 888.625 888.765 0.000
Prev. Close Volume Bid Ask Time
888.765 888.700 888.830 2018-10-20 18:20:42
Want to analyze British Pound/Chilean Peso GBPCLP or another symbol? Try our Free Forex Trend Analysis Report.