Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
USD/SOUTH AFRICAN RAND Dec 2021 (CME:ZAR.Z21)
Bull Market Weakness (+75) - ZAR.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZAR.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZAR.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZAR.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZAR.Z21
The long-term trend has been UP since Nov 1st, 2021 at 14.9027
The intermediate-term trend has been UP since Nov 1st, 2021 at 14.9027
The short-term trend has been UP since Nov 16th, 2021 at 15.4215
Smart Scan Analysis for ZAR.Z21
Based on our trend formula, ZAR.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).