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DotcomJack

Strange Correlation Between USD and African Rand

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
DotcomJack Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Beyond Technical Analysis Technical Indicators africanrand USD correlation easyloot trendingtrader traderoftheweek traderoftheyear kyer dotcom
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trendanalysis beyondta indicator africanrand usd correlation easyloot trendingtrader traderoftheweek traderoftheyear kyer dotcom
The correlation between the African Rand and USD ( USDZAR ) is super strange. During both the 2008 and 2016 crisis, we saw the African Rand pump an average of about 50%. Coming into 2020 we see the rand up about 35% with an expected 15-20% move up inbound. Do not trade this, this is my personal take on this and well... I definitely wouldn't take a 19 year old serious if I were you.
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DotcomJack
Comment:
The horror may be over for now...
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