Future Trend Analysis Report
Prepared for you on Saturday, September 26, 2020.
EURO/SO AFR. RAND SEPTEMBER 2020 (ICE:@YZ.U20)
Sidelines Mode (+50) - @YZ.U20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until @YZ.U20 can gain momentum.
Is it time to buy, sell, or avoid @YZ.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YZ.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YZ.U20
The long-term trend has been DOWN since Jul 21st, 2020 at 19.03000
The intermediate-term trend has been UP since Jul 29th, 2020 at 19.51425
The short-term trend has been UP since Jul 23rd, 2020 at 19.20900
Smart Scan Analysis for @YZ.U20
Based on our trend formula, @YZ.U20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.998||52wk High Date||2020-09-08|
|52wk Low||19.084||52wk Low Date||2020-07-15|