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Future Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

EURO/SO AFR. RAND JUNE 2024 (ICE:@YZ.M24)

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

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

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

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

ICE_@YZ.M24
Open High Low @YZ.M24 Price Change
20.053 20.053 20.053 20.053 0.000
Entry Signal

MarketClub’s Trade Triangles for @YZ.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 @YZ.M24

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

-100
Smart Scan Analysis for @YZ.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.053 20.053 20.053 20.053 0.000
Prev. Close Volume Bid Ask Time
20.053 0 2024-05-08 00:00:00
Volatility8.99Expiration2024-06-17
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