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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Hungarian Forint/South African Rand (FOREX:HUFZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.049994 0.050366 0.049930 0.050305 +0.000311
Entry Signal

MarketClub’s Trade Triangles for HUFZAR

long term down The long term trend has been DOWN since Nov 29th, 2018 at 0.047963

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 0.050234

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.049852

Smart Scan Analysis for HUFZAR

Based on a pre-defined weighted trend formula for chart analysis, HUFZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for HUFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.049994 0.050366 0.049930 0.050305 +0.000311
Prev. Close Volume Bid Ask Time
0.049994 0.050273 0.050336 2018-12-14 18:06:27
Want to analyze Hungarian Forint/South African Rand HUFZAR or another symbol? Try our Free Forex Trend Analysis Report.