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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Weak Uptrend (+65) - ZARCLP is showing signs of weakening momentum to the upside. Monitor ZARCLP as it may be in the beginning stages of a reversal.

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
54.222880 54.305063 53.609354 53.784505 -0.438375
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term up The long-term trend has been UP since Jun 28th, 2024 at 52.637419

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 53.450325

short term up The short-term trend has been UP since Jan 14th, 2025 at 53.217907

Smart Scan Analysis for ZARCLP

Based on our trend formula, ZARCLP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.222880 54.305063 53.609354 53.784505 -0.438375
Prev. Close Volume Bid Ask Time
54.222880 2025-01-20 09:51:23
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