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Forex Trend Analysis Report
Prepared for you on Friday, October 11, 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 UP since Sep 4th, 2024 at 1231.4292
The intermediate-term trend has been DOWN since Sep 30th, 2024 at 1201.6241
The short-term trend has been UP since Oct 4th, 2024 at 1210.4627
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 |
|---|---|---|---|---|
| 1214.2790 | 1214.3255 | 1213.4326 | 1213.6884 | -0.5906 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1214.2790 | 2024-10-11 01:47:11 |