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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Hungarian Forint/South African Rand (FOREX:HUFZAR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_HUFZAR
Open High Low HUFZAR Price Change
0.048315 0.048760 0.048070 0.048175 -0.000140
Entry Signal

MarketClub’s Trade Triangles for HUFZAR

long term up The long term trend has been UP since Jun 8th, 2018 at 0.04869

intermediate term up The intermediate term trend has been UP since Jun 6th, 2018 at 0.04744

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 0.04823

Smart Scan Analysis for HUFZAR

Based on a pre-defined weighted trend formula for chart analysis, HUFZAR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HUFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.048315 0.048760 0.048070 0.048175 -0.000140
Prev. Close Volume Bid Ask Time
0.048315 0.048110 0.048240 2018-06-22 18:02:45
Want to analyze Hungarian Forint/South African Rand HUFZAR or another symbol? Try our Free Forex Trend Analysis Report.