Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Chilean Peso/South African Rand (FOREX:CLPZAR)
Strong Uptrend (+100) - CLPZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CLPZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CLPZAR
The long-term trend has been UP since Jan 6th, 2021 at 0.02143784
The intermediate-term trend has been UP since Feb 22nd, 2021 at 0.02079953
The short-term trend has been UP since Feb 25th, 2021 at 0.02103952
Smart Scan Analysis for CLPZAR
Based on our trend formula, CLPZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).