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Future Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

SOUTH AFRICAN RAND Jun 2021 (CME:6Z.M21)

Countertrend Up (+85) - 6Z.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid 6Z.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.M21.

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

CME_6Z.M21
Open High Low 6Z.M21 Price Change
0.067875 0.068050 0.067700 0.068050 +0.000175
Entry Signal

MarketClub’s Trade Triangles for 6Z.M21

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.067650

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2021 at 0.067625

short term down The short-term trend has been DOWN since Apr 9th, 2021 at 0.067825

Smart Scan Analysis for 6Z.M21

Based on our trend formula, 6Z.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for 6Z.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.067875 0.068050 0.067700 0.068050 +0.000175
Prev. Close Volume Bid Ask Time
0.067875 593 2021-04-12 12:48:06
Expiration2021-06-14Open Time18:00
Close Time17:00
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