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Future Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

US $/SOUTH AFRICAN RAND JUNE 2024 (ICE:@ZR.M24)

Bear Market Rally (-75) - @ZR.M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @ZR.M24 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @ZR.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M24.

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

ICE_@ZR.M24
Open High Low @ZR.M24 Price Change
19.1125 19.1250 19.1125 19.1250 -0.0045
Entry Signal

MarketClub’s Trade Triangles for @ZR.M24

long term down The long-term trend has been DOWN since Apr 9th, 2024 at 18.57875

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 18.75300

short term up The short-term trend has been UP since Apr 12th, 2024 at 18.82350

Smart Scan Analysis for @ZR.M24

Based on our trend formula, @ZR.M24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for @ZR.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.1125 19.1250 19.1125 19.1250 -0.0045
Prev. Close Volume Bid Ask Time
19.1295 9 19.1225 19.1400 2024-04-17 06:59:35
52wk High19.132552wk High Date2024-03-24
52wk Low18.5952wk Low Date2024-04-09
Volatility12.78Expiration2024-06-17
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