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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Strong Downtrend (-100) - HUFZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFZAR continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 11th, 2024 at 0.05070253
The intermediate-term trend has been DOWN since Sep 10th, 2024 at 0.04960679
The short-term trend has been DOWN since Nov 18th, 2024 at 0.04670217
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04682920 | 0.04689145 | 0.04675165 | 0.04676946 | -0.00006000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04682920 | 2024-11-20 03:42:07 |