Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Bull Market Weakness (+75) - HUFZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFZAR as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HUFZAR
The long-term trend has been DOWN since Jun 11th, 2024 at 0.05070253
The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.04661047
The short-term trend has been UP since Dec 23rd, 2024 at 0.04630188
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04747259 | 0.04792920 | 0.04704228 | 0.04787961 | +0.00040700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04747259 | 2024-12-26 12:57:36 |