Forex Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Bear Market Rally (-75) - CLPZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CLPZAR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CLPZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLPZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CLPZAR Price	Change
0.02001481	0.02009315	0.01968231	0.01974017	-0.00027500
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

The long-term trend has been DOWN since Jul 18th, 2023 at 0.02194878

The intermediate-term trend has been UP since Apr 19th, 2024 at 0.01991260

The short-term trend has been DOWN since Apr 26th, 2024 at 0.01989898

Smart Scan Analysis for CLPZAR

Based on our trend formula, CLPZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02001481	0.02009315	0.01968231	0.01974017	-0.00027500
Prev. Close	Volume	Bid	Ask	Time
0.02001481				2024-04-26 17:04:58

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