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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low CLPZAR Price Change
0.020864 0.020880 0.020675 0.020712 -0.000152
Entry Signal

MarketClub’s Trade Triangles for CLPZAR

long term up The long term trend has been UP since Feb 14th, 2019 at 0.021373

intermediate term down The intermediate term trend has been DOWN since May 8th, 2019 at 0.020943

short term up The short term trend has been UP since May 23rd, 2019 at 0.020799

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.020864 0.020880 0.020675 0.020712 -0.000152
Prev. Close Volume Bid Ask Time
0.020864 0.020706 0.020719 2019-05-24 18:19:16
Want to analyze Chilean Peso/South African Rand CLPZAR or another symbol? Try our Free Forex Trend Analysis Report.