Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Chilean Peso/British Pound (FOREX:CLPGBP)
Bull Market Weakness (+75) - CLPGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CLPGBP as it may be in the beginning stages 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 UP since May 20th, 2020 at 0.00101612
The intermediate-term trend has been UP since Mar 17th, 2020 at 0.00097409
The short-term trend has been DOWN since May 25th, 2020 at 0.00101252
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).