Forex Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Chilean Peso/British Pound (FOREX:CLPGBP)
Countertrend Down (-85) - CLPGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CLPGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPGBP
The long-term trend has been DOWN since Sep 20th, 2019 at 0.00111100
The intermediate-term trend has been DOWN since Jan 24th, 2020 at 0.00097487
The short-term trend has been UP since Feb 28th, 2020 at 0.00095902
Smart Scan Analysis for CLPGBP
Based on our trend formula, CLPGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).