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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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.
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MarketClub’s Trade Triangles for ZARCLP
The long-term trend has been UP since Jul 18th, 2023 at 45.554552
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 50.219460
The short-term trend has been UP since Apr 26th, 2024 at 50.253833
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.965291 | 50.806752 | 49.768209 | 50.652569 | +0.687278 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.965291 | 2024-04-26 11:41:21 |