Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Chilean Peso/British Pound (FOREX:CLPGBP)
Long-Term Downtrend (-90) - CLPGBP is in a strong downtrend that is likely to continue. While CLPGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Mar 3rd, 2021 at 0.00097719
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.00091444
The short-term trend has been DOWN since Oct 15th, 2021 at 0.00088406
Smart Scan Analysis for CLPGBP
Based on our trend formula, CLPGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).