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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Weak Downtrend (-65) - CLPZAR is showing signs of a strengthening downtrend. Monitor CLPZAR as it may be building momentum to the downside.

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
0.01858324 0.01862601 0.01855033 0.01861281 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term down The long-term trend has been DOWN since Jun 28th, 2024 at 0.01899789

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2024 at 0.01858322

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.01839443

Smart Scan Analysis for CLPZAR

Based on our trend formula, CLPZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01858324 0.01862601 0.01855033 0.01861281 +0.00003000
Prev. Close Volume Bid Ask Time
0.01858324 2024-11-20 03:27:51
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