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Future Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

SOUTH AFRICAN RAND Dec 2018 (E) (NYBOT:ZR.Z18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYBOT_ZR.Z18.E
Open High Low ZR.Z18.E Price Change
13.6725 13.9375 13.6725 13.9130 +0.2425
Entry Signal

MarketClub’s Trade Triangles for ZR.Z18.E

long term up The long term trend has been UP since May 1st, 2018 at 12.8370

intermediate term down The intermediate term trend has been DOWN since Nov 5th, 2018 at 14.2625

short term down The short term trend has been DOWN since Nov 28th, 2018 at 13.7975

Smart Scan Analysis for ZR.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, ZR.Z18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ZR.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.6725 13.9375 13.6725 13.9130 +0.2425
Prev. Close Volume Bid Ask Time
13.6525 29 2018-11-30 13:21:53
Contract High15.89Contract High Date2018-09-05
Contract Low13.775Contract Low Date2018-11-28
Estimated Volume10Expiration2018-12-17
Open Time02:00Close Time15:00
Want to analyze SOUTH AFRICAN RAND Dec 2018 (E) ZR.Z18.E or another symbol? Try our Free Future Trend Analysis Report.