Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

British Pound/Chilean Peso (FOREX:GBPCLP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_GBPCLP
Open High Low GBPCLP Price Change
837.835 838.145 836.145 836.145 -1.690
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term down The long term trend has been DOWN since Mar 1st, 2018 at 815.565

intermediate term down The intermediate term trend has been DOWN since Apr 19th, 2018 at 843.045

short term down The short term trend has been DOWN since Apr 18th, 2018 at 845.725

Smart Scan Analysis for GBPCLP

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

-100
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
837.835 838.145 836.145 836.145 -1.690
Prev. Close Volume Bid Ask Time
837.835 836.130 836.160 2018-04-23 05:23:00
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