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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Chilean Peso/British Pound (FOREX:CLPGBP)

Sidelines Mode (-55) - CLPGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00081145 0.00081187 0.00080996 0.00081187 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CLPGBP

long term down The long-term trend has been DOWN since Sep 4th, 2024 at 0.00081226

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2024 at 0.00080821

short term up The short-term trend has been UP since Nov 14th, 2024 at 0.00080486

Smart Scan Analysis for CLPGBP

Based on our trend formula, CLPGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CLPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00081145 0.00081187 0.00080996 0.00081187 0.00000000
Prev. Close Volume Bid Ask Time
0.00081145 2024-11-20 03:47:31
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