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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for GBPCLP
The long-term trend has been DOWN since May 6th, 2024 at 1172.6107
The intermediate-term trend has been UP since Jul 18th, 2024 at 1209.1691
The short-term trend has been DOWN since Jul 26th, 2024 at 1216.0459
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1218.4009 | 1221.7731 | 1215.4158 | 1219.0371 | +0.6362 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1218.4009 | 2024-07-26 19:29:15 |