Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
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.
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MarketClub’s Trade Triangles for CLPZAR
The long term trend has been UP since Feb 14th, 2019 at 0.021373
The intermediate term trend has been DOWN since May 8th, 2019 at 0.020943
The short term trend has been DOWN since May 8th, 2019 at 0.021115
Smart Scan Analysis for CLPZAR
Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.020712 | 0.020743 | 0.020633 | 0.020671 | -0.000041 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.020712 | 0.020665 | 0.020678 | 2019-05-22 06:45:39 |