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.
MarketClub’s Trade Triangles for @ZR.M21
The long-term trend has been DOWN since Jul 21st, 2020 at 17.08675
The intermediate-term trend has been DOWN since Apr 1st, 2021 at 14.79750
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).
|52wk High||15.28||52wk High Date||2021-02-26|
|52wk Low||14.3925||52wk Low Date||2021-04-15|