Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
SOUTH AFRICAN RAND Jun 2022 (CME:6Z.M22)
Strong Downtrend (-100) - 6Z.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, 6Z.M22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6Z.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6Z.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6Z.M22
The long-term trend has been DOWN since Apr 22nd, 2022 at 0.063775
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.062850
The short-term trend has been DOWN since Jun 10th, 2022 at 0.064300
Smart Scan Analysis for 6Z.M22
Based on our trend formula, 6Z.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).