We’ve reached an extreme in the Rand’s valuation!
The ZAR has weakened roughly 6% per annum against the USD since 1990. Using the pitchfork indicator we can see we’ve reached an extreme in the Rand’s valuation on the weekly chart. As the dollar finds normality I believe the Rand will strengthen and find its way back to it's mean, however I expect volatility in the shorter term.
註釋
Looking at the daily chart, the ZAR might still see further weakness to about R19.20
註釋
The dollar index is also at extreme highs.
註釋
交易結束：目標達成
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。