Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
British Pound/Chilean Peso (FOREX:GBPCLP)
Strong Uptrend (+100) - GBPCLP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPCLP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPCLP
The long-term trend has been UP since Mar 3rd, 2021 at 1023.3110
The intermediate-term trend has been UP since Sep 9th, 2021 at 1093.5677
The short-term trend has been UP since Oct 15th, 2021 at 1131.1492
Smart Scan Analysis for GBPCLP
Based on our trend formula, GBPCLP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).