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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Bull Market Weakness (+75) - ZARHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARHUF
Open High Low ZARHUF Price Change
21.043915 21.043915 21.043915 21.043915 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Oct 15th, 2021 at 21.224544

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2021 at 20.521152

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 21.126854

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.043915 21.043915 21.043915 21.043915 0.000000
Prev. Close Volume Bid Ask Time
21.043915 2021-10-23 17:27:52
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