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Future Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
US $/SOUTH AFRICAN RAND JUNE 2024 (ICE:@ZR.M24)
Bear Market Rally (-75) - @ZR.M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @ZR.M24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @ZR.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M24.
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 @ZR.M24
The long-term trend has been DOWN since Apr 9th, 2024 at 18.57875
The intermediate-term trend has been UP since Apr 19th, 2024 at 19.13250
The short-term trend has been DOWN since Apr 26th, 2024 at 19.10225
Smart Scan Analysis for @ZR.M24
Based on our trend formula, @ZR.M24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.92500 | 18.92500 | 18.88250 | 18.90750 | -0.19475 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.10225 | 15 | 2024-04-26 08:53:19 |
| 52wk High | 19.3975 | 52wk High Date | 2024-04-18 |
| 52wk Low | 18.59 | 52wk Low Date | 2024-04-09 |
| Volatility | 11.72 | Expiration | 2024-06-17 |