Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
British Pound/Chilean Peso (FOREX:GBPCLP)
Bull Market Weakness (+75) - GBPCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for GBPCLP
The long-term trend has been UP since Jan 9th, 2024 at 1161.6932
The intermediate-term trend has been DOWN since Mar 13th, 2024 at 1212.3004
The short-term trend has been UP since May 1st, 2024 at 1203.0513
Smart Scan Analysis for GBPCLP
Based on our trend formula, GBPCLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1182.7054 | 1205.2193 | 1182.1317 | 1202.9720 | +20.2666 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1182.7054 | 2024-05-01 17:31:00 |