Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.021413 0.021475 0.021318 0.021333 -0.000080
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term down The long term trend has been DOWN since Jul 10th, 2019 at 0.020393

intermediate term up The intermediate term trend has been UP since Aug 1st, 2019 at 0.020928

short term down The short term trend has been DOWN since Aug 21st, 2019 at 0.021409

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -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
0.021413 0.021475 0.021318 0.021333 -0.000080
Prev. Close Volume Bid Ask Time
0.021413 0.021326 0.021340 2019-08-22 11:29:39
Want to analyze Chilean Peso/South African Rand CLPZAR or another symbol? Try our Free Forex Trend Analysis Report.