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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/Chilean Peso (FOREX:ZARCLP)
Countertrend Down (-85) - ZARCLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 23rd, 2024 at 53.450325
The short-term trend has been UP since Feb 19th, 2025 at 51.541434
Smart Scan Analysis for ZARCLP
Based on our trend formula, ZARCLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.355049 | 51.355049 | 51.355049 | 51.355049 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.355049 | 2025-02-22 01:41:04 |