Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Chilean Peso/South African Rand (FOREX:CLPZAR)
Weak Uptrend (+65) - CLPZAR is showing signs of weakening momentum to the upside. Monitor CLPZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CLPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLPZAR
The long-term trend has been UP since Nov 22nd, 2021 at 0.01957191
The intermediate-term trend has been UP since Oct 27th, 2021 at 0.01876750
The short-term trend has been DOWN since Nov 26th, 2021 at 0.01946503
Smart Scan Analysis for CLPZAR
Based on our trend formula, CLPZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).