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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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
1233.5607 1238.5653 1229.5587 1238.3191 +4.7584
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term up The long-term trend has been UP since Sep 4th, 2024 at 1231.4292

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 1229.5947

short term up The short-term trend has been UP since Jan 15th, 2025 at 1235.1373

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
1233.5607 1238.5653 1229.5587 1238.3191 +4.7584
Prev. Close Volume Bid Ask Time
1233.5607 2025-01-20 09:38:44
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