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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

British Pound/Chilean Peso (FOREX:GBPCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
857.055 858.295 851.340 854.420 -2.635
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 Jun 14th, 2018 at 859.855

short term down The short term trend has been DOWN since Jul 18th, 2018 at 854.435

Smart Scan Analysis for GBPCLP

Based on a pre-defined weighted trend formula for chart analysis, GBPCLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
857.055 858.295 851.340 854.420 -2.635
Prev. Close Volume Bid Ask Time
857.055 854.390 854.450 2018-07-18 14:12:46
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