Free Daily Analysis

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.

ICE_@ZR.M22
Open High Low @ZR.M22 Price Change
15.83750 15.83750 15.83750 15.83750 -0.04175
Entry Signal

MarketClub’s Trade Triangles for @ZR.M22

long term up The long-term trend has been UP since May 2nd, 2022 at 16.1095

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2022 at 14.8725

short term down 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).

+55
Smart Scan Analysis for @ZR.M22
Strong Downtrend Sideways 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 High16.30552wk High Date2022-05-12
52wk Low14.647552wk Low Date2022-03-30
Volatility15.77Expiration2022-06-13
Get a free daily analysis and signals for US $/SOUTH AFRICAN RAND JUNE 2022 (@ZR.M22) - Request Your Free Report.