Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

US $/SOUTH AFRICAN RAND JUNE 2025 (ICE:@ZR.M25)

Strong Downtrend (-100) - @ZR.M25 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @ZR.M25 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @ZR.M25?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.M25.

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

ICE_@ZR.M25
Open High Low @ZR.M25 Price Change
19.203 19.203 19.203 19.203 0.000
Entry Signal

MarketClub’s Trade Triangles for @ZR.M25

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @ZR.M25

Based on our trend formula, @ZR.M25 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @ZR.M25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.203 19.203 19.203 19.203 0.000
Prev. Close Volume Bid Ask Time
19.203 0 2024-05-03 00:00:00
Volatility11.49
Get a free daily analysis and signals for US $/SOUTH AFRICAN RAND JUNE 2025 (@ZR.M25) - Request Your Free Report.