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Future Trend Analysis Report

Prepared for you on Saturday, April 17, 2021.

US $/SOUTH AFRICAN RAND JUNE 2021 (ICE:@ZR.M21)

Strong Downtrend (-100) - @ZR.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @ZR.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M21.

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

ICE_@ZR.M21
Open High Low @ZR.M21 Price Change
14.4250 14.4250 14.4250 14.4250 +0.1545
Entry Signal

MarketClub’s Trade Triangles for @ZR.M21

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 17.08675

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2021 at 14.79750

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 14.64675

Smart Scan Analysis for @ZR.M21

Based on our trend formula, @ZR.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @ZR.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4250 14.4250 14.4250 14.4250 +0.1545
Prev. Close Volume Bid Ask Time
14.2705 2 14.3950 14.4125 2021-04-16 11:07:36
52wk High15.2852wk High Date2021-02-26
52wk Low14.392552wk Low Date2021-04-15
Volatility14.64Expiration2021-06-14
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