Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

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
0.01797695	0.01834901	0.01793575	0.01833662	+0.00036000
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

The long-term trend has been DOWN since May 12th, 2021 at 0.01989616

The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.01832643

The short-term trend has been UP since Oct 21st, 2021 at 0.01797621

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
0.01797695	0.01834901	0.01793575	0.01833662	+0.00036000
Prev. Close	Volume	Bid	Ask	Time
0.01797695				2021-10-26 14:04:12

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