Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Sidelines Mode (-55) - ZARHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
20.734775 20.776800 20.587913 20.697898 -0.036877
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Nov 27th, 2019 at 20.757500

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2020 at 20.569072

short term up The short-term trend has been UP since Feb 19th, 2020 at 20.839700

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a -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
20.734775 20.776800 20.587913 20.697898 -0.036877
Prev. Close Volume Bid Ask Time
20.734775 20.691753 20.704042 2020-02-21 17:13:30
Get a free daily analysis and signals for South African Rand/Hungarian Forint (ZARHUF) - Request Your Free Report.