Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
US $/SOUTH AFRICAN RAND MARCH 2021 (ICE:@ZR.H21)
Sidelines Mode (-55) - @ZR.H21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @ZR.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZR.H21
The long-term trend has been DOWN since Jul 21st, 2020 at 16.94200
The intermediate-term trend has been DOWN since Feb 5th, 2021 at 14.99825
The short-term trend has been UP since Feb 26th, 2021 at 14.71675
Smart Scan Analysis for @ZR.H21
Based on our trend formula, @ZR.H21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.7425||52wk High Date||2021-01-11|
|52wk Low||14.5275||52wk Low Date||2021-02-16|