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Future Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

SOUTH AFRICAN RAND Sep 2021 (CME:6Z.U21)

Bear Market Rally (-75) - 6Z.U21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6Z.U21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid 6Z.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.U21.

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

CME_6Z.U21
Open High Low 6Z.U21 Price Change
0.068400 0.068425 0.067850 0.068000 -0.000375
Entry Signal

MarketClub’s Trade Triangles for 6Z.U21

long term down The long-term trend has been DOWN since Jul 1st, 2021 at 0.068650

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2021 at 0.071625

short term up The short-term trend has been UP since Jul 29th, 2021 at 0.067275

Smart Scan Analysis for 6Z.U21

Based on our trend formula, 6Z.U21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for 6Z.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.068400 0.068425 0.067850 0.068000 -0.000375
Prev. Close Volume Bid Ask Time
0.068000 2474 2021-07-30 16:53:37
Expiration2021-09-13Open Time18:00
Close Time17:00
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