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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Sidelines Mode (-55) - CLPZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.02147265 0.02181312 0.02143401 0.02164471 +0.00017200
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term up The long-term trend has been UP since Mar 1st, 2020 at 0.01943611

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2020 at 0.02175769

short term up The short-term trend has been UP since May 29th, 2020 at 0.02180308

Smart Scan Analysis for CLPZAR

Based on our trend formula, CLPZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02147265 0.02181312 0.02143401 0.02164471 +0.00017200
Prev. Close Volume Bid Ask Time
0.02147265 0.02161694 0.02167248 2020-05-29 17:08:56
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