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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

British Pound/Chilean Peso (FOREX:GBPCLP)

Sidelines Mode (-55) - GBPCLP 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 GBPCLP?

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

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

FOREX_GBPCLP
Open High Low GBPCLP Price Change
1091.2077 1091.2719 1091.0833 1091.1565 -0.0512
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term up The long-term trend has been UP since Mar 3rd, 2021 at 1023.3110

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2022 at 1114.3319

short term up The short-term trend has been UP since Jan 18th, 2022 at 1125.2952

Smart Scan Analysis for GBPCLP

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

-55
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1091.2077 1091.2719 1091.0833 1091.1565 -0.0512
Prev. Close Volume Bid Ask Time
1091.2077 2022-01-21 00:23:27
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