Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

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.

Open	High	Low	CLPZAR Price	Change
0.02250582	0.02255222	0.02239412	0.02243156	-0.00007400
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

The long-term trend has been UP since Aug 31st, 2022 at 0.01925473

The intermediate-term trend has been UP since Dec 1st, 2022 at 0.01976288

The short-term trend has been DOWN since Mar 31st, 2023 at 0.02246237

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02250582	0.02255222	0.02239412	0.02243156	-0.00007400
Prev. Close	Volume	Bid	Ask	Time
0.02250582				2023-03-31 11:42:50

Get a free daily analysis and signals for Chilean Peso/South African Rand (CLPZAR) - Request Your Free Report.