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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

US $/SOUTH AFRICAN RAND JUNE 2020 (ICE:@ZR.M20)

Long-Term Uptrend (+90) - @ZR.M20 is in a strong uptrend that is likely to continue. While @ZR.M20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid @ZR.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M20.

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

ICE_@ZR.M20
Open High Low @ZR.M20 Price Change
18.5100 18.5100 18.5100 18.5100 -0.2605
Entry Signal

MarketClub’s Trade Triangles for @ZR.M20

long term up The long-term trend has been UP since Feb 24th, 2020 at 15.37875

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 14.67900

short term up The short-term trend has been UP since Mar 30th, 2020 at 17.72000

Smart Scan Analysis for @ZR.M20

Based on our trend formula, @ZR.M20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for @ZR.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.5100 18.5100 18.5100 18.5100 -0.2605
Prev. Close Volume Bid Ask Time
18.7705 1 18.5550 2020-04-07 03:01:29
52wk High19.452wk High Date2020-04-06
52wk Low15.552wk Low Date2020-02-26
Volatility18.72Expiration2020-06-15
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