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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Crossroads (+60) - CLPZAR 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 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.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.01896078 0.01914220 0.01877679 0.01909663 +0.00013600
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term down The long-term trend has been DOWN since Jun 28th, 2024 at 0.01899789

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.01870880

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.01841086

Smart Scan Analysis for CLPZAR

Based on our trend formula, CLPZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01896078 0.01914220 0.01877679 0.01909663 +0.00013600
Prev. Close Volume Bid Ask Time
0.01896078 2024-12-26 18:09:19
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