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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.

FOREX_ZARHUF
Open High Low ZARHUF Price Change
20.8755 20.9070 20.8755 20.9070 +0.0315
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long term trend has been UP since Dec 15th, 2017 at 20.1485

intermediate term down The intermediate term trend has been DOWN since Apr 9th, 2018 at 20.8795

short term up 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).

+55
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.8755 20.9070 20.8755 20.9070 +0.0315
Prev. Close Volume Bid Ask Time
20.8755 20.9000 20.9140 2018-04-21 05:28:11
Want to analyze South African Rand/Hungarian Forint ZARHUF or another symbol? Try our Free Forex Trend Analysis Report.