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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

US $/SOUTH AFRICAN RAND DECEMBER 2021 (ICE:@ZR.Z21)

Crossroads (-60) - @ZR.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid @ZR.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.Z21.

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

ICE_@ZR.Z21
Open High Low @ZR.Z21 Price Change
14.73250 14.73250 14.69000 14.69000 -0.05925
Entry Signal

MarketClub’s Trade Triangles for @ZR.Z21

long term up The long-term trend has been UP since Jul 23rd, 2021 at 15.1115

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 14.9025

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 15.0545

Smart Scan Analysis for @ZR.Z21

Based on our trend formula, @ZR.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for @ZR.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.73250 14.73250 14.69000 14.69000 -0.05925
Prev. Close Volume Bid Ask Time
14.74925 3 14.90500 14.92250 2021-10-22 05:24:41
52wk High15.327552wk High Date2021-09-30
52wk Low14.31552wk Low Date2021-09-10
Volatility14.54Expiration2021-12-13
Get a free daily analysis and signals for US $/SOUTH AFRICAN RAND DECEMBER 2021 (@ZR.Z21) - Request Your Free Report.