Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

South African Rand/Chilean Peso (FOREX:ZARCLP)

Sidelines Mode (-55) - ZARCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
52.869329 53.258375 52.641496 53.144445 +0.275116
Entry Signal

MarketClub’s Trade Triangles for ZARCLP

long term down The long-term trend has been DOWN since Nov 22nd, 2021 at 51.096140

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 53.288837

short term up The short-term trend has been UP since Nov 28th, 2021 at 51.711424

Smart Scan Analysis for ZARCLP

Based on our trend formula, ZARCLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.869329 53.258375 52.641496 53.144445 +0.275116
Prev. Close Volume Bid Ask Time
52.869329 2021-12-07 23:47:13
Get a free daily analysis and signals for South African Rand/Chilean Peso (ZARCLP) - Request Your Free Report.