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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.01929853 0.01941921 0.01919742 0.01919774 -0.00010100
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

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

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 0.02001466

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.01981977

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
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01929853 0.01941921 0.01919742 0.01919774 -0.00010100
Prev. Close Volume Bid Ask Time
0.01929853 2024-03-28 18:34:27
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