Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
EURO/SO AFR. RAND DECEMBER 2021 (ICE:@YZ.Z21)
Weak Downtrend (-65) - @YZ.Z21 is showing signs of a strengthening downtrend. Monitor @YZ.Z21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @YZ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YZ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YZ.Z21
The long-term trend has been UP since Aug 19th, 2021 at 17.98075
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 17.40425
The short-term trend has been DOWN since Oct 13th, 2021 at 17.44975
Smart Scan Analysis for @YZ.Z21
Based on our trend formula, @YZ.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.28925||52wk High Date||2021-10-13|
|52wk Low||17.12175||52wk Low Date||2021-10-15|