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.
MarketClub’s Trade Triangles for CLPGBP
The long-term trend has been DOWN since Aug 10th, 2020 at 0.00095010
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.00097934
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).