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Future Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

SOUTH AFRICAN RAND Sep 2020 (CME:6Z.U20)

Bear Market Rally (-75) - 6Z.U20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6Z.U20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid 6Z.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.U20.

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

CME_6Z.U20
Open High Low 6Z.U20 Price Change
0.057200 0.057375 0.056950 0.057150 +0.000125
Entry Signal

MarketClub’s Trade Triangles for 6Z.U20

long term down The long-term trend has been DOWN since Aug 7th, 2020 at 0.056600

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2020 at 0.058200

short term up The short-term trend has been UP since Aug 12th, 2020 at 0.057125

Smart Scan Analysis for 6Z.U20

Based on our trend formula, 6Z.U20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for 6Z.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.057200 0.057375 0.056950 0.057150 +0.000125
Prev. Close Volume Bid Ask Time
0.058075 1099 2020-08-13 15:59:26
Expiration2020-09-14Open Time18:00
Close Time17:00
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