Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

South African Rand/Chilean Peso (FOREX:ZARCLP)

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_ZARCLP
Open High Low ZARCLP Price Change
46.7250 46.7645 46.2950 46.4395 -0.2855
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term down The long term trend has been DOWN since Feb 14th, 2019 at 46.7870

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 48.1250

short term up The short term trend has been UP since Mar 20th, 2019 at 46.4725

Smart Scan Analysis for ZARCLP

Based on a pre-defined weighted trend formula for chart analysis, ZARCLP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.7250 46.7645 46.2950 46.4395 -0.2855
Prev. Close Volume Bid Ask Time
46.7250 46.4240 46.4550 2019-03-22 10:03:26
Want to analyze South African Rand/Chilean Peso ZARCLP or another symbol? Try our Free Forex Trend Analysis Report.