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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

Chilean Peso/South African Rand (FOREX:CLPZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

FOREX_CLPZAR
Open High Low CLPZAR Price Change
0.020754 0.020755 0.020598 0.020613 -0.000141
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 down The short term trend has been DOWN since May 8th, 2019 at 0.021115

Smart Scan Analysis for CLPZAR

Based on a pre-defined weighted trend formula for chart analysis, CLPZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CLPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.020754 0.020755 0.020598 0.020613 -0.000141
Prev. Close Volume Bid Ask Time
0.020754 0.020607 0.020619 2019-05-20 12:29:11
Want to analyze Chilean Peso/South African Rand CLPZAR or another symbol? Try our Free Forex Trend Analysis Report.