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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.021979 0.022092 0.021979 0.022053 +0.000074
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 up The intermediate term trend has been UP since Aug 2nd, 2018 at 0.020930

short term up The short term trend has been UP since Aug 17th, 2018 at 0.022245

Smart Scan Analysis for CLPZAR

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

+100
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021979 0.022092 0.021979 0.022053 +0.000074
Prev. Close Volume Bid Ask Time
0.021979 0.022036 0.022070 2018-08-19 17:21:14
Want to analyze Chilean Peso/South African Rand CLPZAR or another symbol? Try our Free Forex Trend Analysis Report.