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Forex Trend Analysis Report

Prepared for you on Monday, November 20, 2017.

British Pound/Chilean Peso (FOREX:GBPCLP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low GBPCLP Price Change
834.230 838.390 830.625 830.625 -3.605
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term down The long term trend has been DOWN since Aug 15th, 2017 at 834.480

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 819.885

short term up The short term trend has been UP since Nov 16th, 2017 at 838.665

Smart Scan Analysis for GBPCLP

Based on a pre-defined weighted trend formula for chart analysis, GBPCLP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
834.230 838.390 830.625 830.625 -3.605
Prev. Close Volume Bid Ask Time
834.230 830.610 830.640 2017-11-20 06:44:17
Want to analyze British Pound/Chilean Peso GBPCLP or another symbol? Try our Free Forex Trend Analysis Report.