Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
US $/SOUTH AFRICAN RAND DECEMBER 2024 (ICE:@ZR.Z24)
Long-Term Downtrend (-90) - @ZR.Z24 is in a strong downtrend that is likely to continue. While @ZR.Z24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @ZR.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZR.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for @ZR.Z24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @ZR.Z24
Based on our trend formula, @ZR.Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.9035 | 18.9035 | 18.9035 | 18.9035 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.9035 | 0 | 2024-05-09 00:00:00 |
| Volatility | 11.2 | Expiration | 2024-12-16 |