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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.021041 0.021139 0.021004 0.021108 +0.000067
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 0.020815

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2018 at 0.021030

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 0.021061

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021041 0.021139 0.021004 0.021108 +0.000067
Prev. Close Volume Bid Ask Time
0.021041 0.021101 0.021115 2018-10-23 07:20:26
Want to analyze Chilean Peso/South African Rand CLPZAR or another symbol? Try our Free Forex Trend Analysis Report.