Future Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
US $/SOUTH AFRICAN RAND MARCH 2020 (ICE:@ZR.H20)
Strong Uptrend (+100) - @ZR.H20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @ZR.H20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid @ZR.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZR.H20
The long-term trend has been UP since Feb 24th, 2020 at 15.19175
The intermediate-term trend has been UP since Jan 13th, 2020 at 14.46750
The short-term trend has been UP since Feb 7th, 2020 at 14.99750
Smart Scan Analysis for @ZR.H20
Based on our trend formula, @ZR.H20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.325||52wk High Date||2020-02-26|
|52wk Low||14.125||52wk Low Date||2020-01-02|