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Forex Trend Analysis Report

Prepared for you on Monday, March 19, 2018.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low ZARCLP Price Change
50.8075 50.8215 50.3100 50.4950 -0.3125
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term up The long term trend has been UP since Dec 17th, 2017 at 48.9100

intermediate term up The intermediate term trend has been UP since Jan 21st, 2018 at 50.0690

short term down The short term trend has been DOWN since Mar 13th, 2018 at 50.7675

Smart Scan Analysis for ZARCLP

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

Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.8075 50.8215 50.3100 50.4950 -0.3125
Prev. Close Volume Bid Ask Time
50.8075 50.4800 50.5100 2018-03-19 12:43:40
Want to analyze South African Rand/Chilean Peso ZARCLP or another symbol? Try our Free Forex Trend Analysis Report.