Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
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.
MarketClub’s Trade Triangles for CLPGBP
The long-term trend has been DOWN since Mar 3rd, 2021 at 0.00097719
The intermediate-term trend has been UP since Mar 21st, 2021 at 0.00101176
The short-term trend has been DOWN since Apr 19th, 2021 at 0.00102053
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).