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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Chilean Peso/British Pound (FOREX:CLPGBP)

Bear Market Rally (-75) - CLPGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CLPGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CLPGBP
Open High Low CLPGBP Price Change
0.00098038 0.00098756 0.00097719 0.00098640 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for CLPGBP

long term down The long-term trend has been DOWN since Aug 10th, 2020 at 0.00095010

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.00097934

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.00098556

Smart Scan Analysis for CLPGBP

Based on our trend formula, CLPGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CLPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00098038 0.00098756 0.00097719 0.00098640 +0.00000600
Prev. Close Volume Bid Ask Time
0.00098038 2020-12-01 09:45:16
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