Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
SOUTH AFRICAN RAND Mar 2021 (CME:6Z.H21)
Weak Uptrend (+65) - 6Z.H21 is showing signs of weakening momentum to the upside. Monitor 6Z.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6Z.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6Z.H21
The long-term trend has been UP since Nov 19th, 2020 at 0.059075
The intermediate-term trend has been UP since Feb 5th, 2021 at 0.066700
The short-term trend has been DOWN since Feb 25th, 2021 at 0.066750
Smart Scan Analysis for 6Z.H21
Based on our trend formula, 6Z.H21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).