Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
US $/SOUTH AFRICAN RAND SEPTEMBER 2021 (ICE:@ZR.U21)
Bull Market Weakness (+75) - @ZR.U21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @ZR.U21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @ZR.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZR.U21
The long-term trend has been UP since Jul 26th, 2021 at 14.94200
The intermediate-term trend has been UP since Jun 17th, 2021 at 14.14925
The short-term trend has been DOWN since Jul 29th, 2021 at 14.80250
Smart Scan Analysis for @ZR.U21
Based on our trend formula, @ZR.U21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.965||52wk High Date||2021-07-26|
|52wk Low||13.5975||52wk Low Date||2021-06-07|