Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
South African Rand/Hungarian Forint (FOREX:ZARHUF)
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.
MarketClub’s Trade Triangles for ZARHUF
The long term trend has been UP since Dec 15th, 2017 at 20.1485
The intermediate term trend has been DOWN since Apr 9th, 2018 at 20.8795
The short term trend has been UP since Apr 17th, 2018 at 20.9960
Smart Scan Analysis for ZARHUF
Based on a pre-defined weighted trend formula for chart analysis, ZARHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).