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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Sidelines Mode (+55) - ZARCLP 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 ZARCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCLP
Open High Low ZARCLP Price Change
46.209667 46.209667 46.079819 46.187558 -0.022109
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 51.450629

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 45.965773

short term down The short-term trend has been DOWN since May 29th, 2020 at 45.865084

Smart Scan Analysis for ZARCLP

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

+55
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.209667 46.209667 46.079819 46.187558 -0.022109
Prev. Close Volume Bid Ask Time
46.209667 46.079625 46.295490 2020-05-31 15:41:23
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