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Future Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

STERLING/SO AFR. RAND JUNE 2024 (ICE:@PZ.M24)

Strong Downtrend (-100) - @PZ.M24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @PZ.M24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @PZ.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @PZ.M24.

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ICE_@PZ.M24
Open High Low @PZ.M24 Price Change
23.2845 23.2845 23.2845 23.2845 0.0000
Entry Signal

MarketClub’s Trade Triangles for @PZ.M24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @PZ.M24

Based on our trend formula, @PZ.M24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @PZ.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.2845 23.2845 23.2845 23.2845 0.0000
Prev. Close Volume Bid Ask Time
23.2845 0 23.2745 23.2975 2024-05-08 00:00:00
Volatility9.2Expiration2024-06-17
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