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Future Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
US $/SOUTH AFRICAN RAND JUNE 2022 (ICE:@ZR.M22)
Sidelines Mode (+55) - @ZR.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @ZR.M22
The long-term trend has been UP since May 2nd, 2022 at 16.1095
The intermediate-term trend has been UP since Apr 19th, 2022 at 14.8725
The short-term trend has been DOWN since May 13th, 2022 at 16.1160
Smart Scan Analysis for @ZR.M22
Based on our trend formula, @ZR.M22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.83750 | 15.83750 | 15.83750 | 15.83750 | -0.04175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.87925 | 0 | 15.91500 | 15.93250 | 2022-05-19 09:54:30 |
| 52wk High | 16.305 | 52wk High Date | 2022-05-12 |
| 52wk Low | 14.6475 | 52wk Low Date | 2022-03-30 |
| Volatility | 15.77 | Expiration | 2022-06-13 |