Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US $/SOUTH AFRICAN RAND MARCH 2024 (ICE:@ZR.H24)

Sidelines Mode (-55) - @ZR.H24 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.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.H24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@ZR.H24
Open High Low @ZR.H24 Price Change
18.7705 18.7705 18.7705 18.7650 -0.0055
Entry Signal

MarketClub’s Trade Triangles for @ZR.H24

long term up The long-term trend has been UP since Feb 23rd, 2024 at 19.21000

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 18.94000

short term up The short-term trend has been UP since Mar 14th, 2024 at 18.68275

Smart Scan Analysis for @ZR.H24

Based on our trend formula, @ZR.H24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for @ZR.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.7705 18.7705 18.7705 18.7650 -0.0055
Prev. Close Volume Bid Ask Time
18.7705 0 2024-03-15 12:01:53
52wk High19.4252wk High Date2024-02-23
52wk Low18.4652wk Low Date2023-12-18
Volatility13.66Expiration2024-03-18
Get a free daily analysis and signals for US $/SOUTH AFRICAN RAND MARCH 2024 (@ZR.H24) - Request Your Free Report.