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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

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_ZARHUF
Open High Low ZARHUF Price Change
20.4175 20.4565 20.1521 20.2156 -0.2019
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long term trend has been UP since Nov 29th, 2018 at 20.8497

intermediate term up The intermediate term trend has been UP since Jan 4th, 2019 at 20.1960

short term down The short term trend has been DOWN since Jan 18th, 2019 at 20.2960

Smart Scan Analysis for ZARHUF

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

+85
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.4175 20.4565 20.1521 20.2156 -0.2019
Prev. Close Volume Bid Ask Time
20.4175 20.1873 20.2439 2019-01-18 18:06:16
Want to analyze South African Rand/Hungarian Forint ZARHUF or another symbol? Try our Free Forex Trend Analysis Report.