Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
SOUTH AFRICAN RAND Dec 2021 (CME:6Z.Z21)
Strong Downtrend (-100) - 6Z.Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6Z.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6Z.Z21
The long-term trend has been DOWN since Nov 1st, 2021 at 0.06460
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.06580
The short-term trend has been DOWN since Nov 16th, 2021 at 0.06475
Smart Scan Analysis for 6Z.Z21
Based on our trend formula, 6Z.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).