Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
South African Rand/Chilean Peso (FOREX:ZARCLP)
Bull Market Weakness (+75) - ZARCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARCLP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ZARCLP
The long-term trend has been UP since Jun 28th, 2024 at 52.637419
The intermediate-term trend has been UP since Oct 18th, 2024 at 53.813682
The short-term trend has been UP since Nov 22nd, 2024 at 54.372302
Smart Scan Analysis for ZARCLP
Based on our trend formula, ZARCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.976857 | 54.563562 | 53.855629 | 54.078564 | +0.101707 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.976857 | 2024-11-22 10:49:01 |