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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Crossroads (-60) - HUFZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HUFZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HUFZAR
The long-term trend has been UP since Feb 13th, 2025 at 0.04819552
The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.05126190
The short-term trend has been DOWN since Apr 30th, 2025 at 0.05203894
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05050863 | 0.05064513 | 0.05034367 | 0.05062984 | +0.00012100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05050863 | 2025-05-09 07:56:57 |