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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

South African Rand/Chilean Peso (FOREX:ZARCLP)

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

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
44.917836 45.050442 44.466543 44.641608 -0.276228
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term down The long-term trend has been DOWN since Aug 31st, 2022 at 51.935288

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2022 at 50.704359

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 44.355022

Smart Scan Analysis for ZARCLP

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

-70
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.917836 45.050442 44.466543 44.641608 -0.276228
Prev. Close Volume Bid Ask Time
44.917836 2023-03-24 17:22:59
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