Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

British Pound/Chilean Peso (FOREX:GBPCLP)

Weak Downtrend (-65) - GBPCLP is showing signs of a strengthening downtrend. Monitor GBPCLP as it may be building momentum to the downside.

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
1187.2311 1187.2311 1178.0188 1178.0188 -9.2123
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term up The long-term trend has been UP since Jan 9th, 2024 at 1161.6932

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 1212.3004

short term down The short-term trend has been DOWN since May 3rd, 2024 at 1179.2278

Smart Scan Analysis for GBPCLP

Based on our trend formula, GBPCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1187.2311 1187.2311 1178.0188 1178.0188 -9.2123
Prev. Close Volume Bid Ask Time
1187.2311 2024-05-04 20:38:23
Get a free daily analysis and signals for British Pound/Chilean Peso (GBPCLP) - Request Your Free Report.