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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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
20.8675 21.0040 20.8550 20.8895 +0.0220
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long term trend has been UP since Dec 15th, 2017 at 20.14850

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 20.41200

short term up The short term trend has been UP since Jan 18th, 2018 at 20.68105

Smart Scan Analysis for ZARHUF

Based on a pre-defined weighted trend formula for chart analysis, ZARHUF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.8675 21.0040 20.8550 20.8895 +0.0220
Prev. Close Volume Bid Ask Time
20.8675 20.8810 20.8980 2018-01-22 09:31:35
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