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Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

SOUTH AFRICAN RAND Mar 2020 (CME:6Z.H20)

Strong Downtrend (-100) - 6Z.H20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6Z.H20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.H20.

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

CME_6Z.H20
Open High Low 6Z.H20 Price Change
0.064375 0.064450 0.063350 0.063575 -0.000800
Entry Signal

MarketClub’s Trade Triangles for 6Z.H20

long term down The long-term trend has been DOWN since Feb 7th, 2020 at 0.065975

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.068325

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 0.065825

Smart Scan Analysis for 6Z.H20

Based on our trend formula, 6Z.H20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for 6Z.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.064375 0.064450 0.063350 0.063575 -0.000800
Prev. Close Volume Bid Ask Time
0.068825 6450 2020-02-28 12:27:00
Expiration2020-03-16Open Time18:00
Close Time17:00
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