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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Strong Downtrend (-100) - ZARCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZARCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCLP
Open High Low ZARCLP Price Change
48.140323 48.418088 47.808179 47.854055 -0.286268
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 46.651036

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 48.078005

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 47.522418

Smart Scan Analysis for ZARCLP

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

-100
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.140323 48.418088 47.808179 47.854055 -0.286268
Prev. Close Volume Bid Ask Time
48.140323 2021-03-01 09:01:36
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