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Forex Trend Analysis Report

Prepared for you on Sunday, October 13, 2024.

British Pound/Chilean Peso (FOREX:GBPCLP)

Weak Downtrend (-65) - GBPCLP is showing signs of a strengthening downtrend. Monitor GBPCLP as it may be building momentum to the downside.

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.

FOREX_GBPCLP
Open High Low GBPCLP Price Change
1211.0781 1211.0781 1211.0781 1211.0781 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCLP

long term up The long-term trend has been UP since Sep 4th, 2024 at 1231.4292

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2024 at 1201.6241

short term down The short-term trend has been DOWN since Oct 11th, 2024 at 1210.2237

Smart Scan Analysis for GBPCLP

Based on our trend formula, GBPCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1211.0781 1211.0781 1211.0781 1211.0781 0.0000
Prev. Close Volume Bid Ask Time
1211.0781 2024-10-13 02:56:58
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