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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_ZARCLP
Open High Low ZARCLP Price Change
48.2145 48.3015 47.7530 47.7600 -0.4545
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term up The long term trend has been UP since Nov 7th, 2018 at 48.7270

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 47.5035

short term up The short term trend has been UP since Dec 12th, 2018 at 47.7920

Smart Scan Analysis for ZARCLP

Based on a pre-defined weighted trend formula for chart analysis, ZARCLP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.2145 48.3015 47.7530 47.7600 -0.4545
Prev. Close Volume Bid Ask Time
48.2145 47.7440 47.7760 2018-12-13 23:55:25
Want to analyze South African Rand/Chilean Peso ZARCLP or another symbol? Try our Free Forex Trend Analysis Report.