Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
0.020395 0.020450 0.020275 0.020320 -0.000075
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term down The long term trend has been DOWN since Dec 17th, 2017 at 0.020445

intermediate term up The intermediate term trend has been UP since Jan 10th, 2018 at 0.020695

short term down The short term trend has been DOWN since Jan 16th, 2018 at 0.020465

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.020395 0.020450 0.020275 0.020320 -0.000075
Prev. Close Volume Bid Ask Time
0.020395 0.020310 0.020330 2018-01-17 17:14:52
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