Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
19.12590 19.17725 19.05285 19.13000 +0.00410
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term down The long term trend has been DOWN since Apr 3rd, 2017 at 21.06350

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2017 at 19.33800

short term down The short term trend has been DOWN since Oct 18th, 2017 at 19.42785

Smart Scan Analysis for ZARHUF

Based on a pre-defined weighted trend formula for chart analysis, ZARHUF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.12590 19.17725 19.05285 19.13000 +0.00410
Prev. Close Volume Bid Ask Time
19.12590 19.11680 19.14320 2017-10-23 16:44:00
Want to analyze South African Rand/Hungarian Forint ZARHUF or another symbol? Try our Free Forex Trend Analysis Report.