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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/Chilean Peso (FOREX:ZARCLP)
Crossroads (+60) - ZARCLP is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for ZARCLP
The long-term trend has been DOWN since Feb 3rd, 2025 at 52.240807
The intermediate-term trend has been UP since Apr 9th, 2025 at 52.253442
The short-term trend has been UP since May 8th, 2025 at 52.080013
Smart Scan Analysis for ZARCLP
Based on our trend formula, ZARCLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.093357 | 52.138379 | 52.040765 | 52.071985 | -0.021372 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.093357 | 2025-05-09 02:56:14 |