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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 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.
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MarketClub’s Trade Triangles for CLPZAR
The long-term trend has been DOWN since Jun 28th, 2024 at 0.01899789
The intermediate-term trend has been DOWN since Oct 18th, 2024 at 0.01858322
The short-term trend has been DOWN since Dec 2nd, 2024 at 0.01845054
Smart Scan Analysis for CLPZAR
Based on our trend formula, CLPZAR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01858905 | 0.01859378 | 0.01857343 | 0.01857871 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01858905 | 2024-12-04 00:37:07 |