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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

British Pound/Chilean Peso (FOREX:GBPCLP)

Weak Uptrend (+65) - GBPCLP is showing signs of weakening momentum to the upside. Monitor GBPCLP as it may be in the beginning stages of a reversal.

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
1232.2031 1234.8447 1231.7317 1232.8924 +0.6893
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 up The intermediate-term trend has been UP since Oct 18th, 2024 at 1237.3096

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 1242.4547

Smart Scan Analysis for GBPCLP

Based on our trend formula, GBPCLP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1232.2031 1234.8447 1231.7317 1232.8924 +0.6893
Prev. Close Volume Bid Ask Time
1232.2031 2024-11-20 03:25:02
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