Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Hungarian Forint (FOREX:ZARHUF)
Weak Uptrend (+65) - ZARHUF is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for ZARHUF
The long-term trend has been UP since Sep 17th, 2020 at 18.745092
The intermediate-term trend has been UP since Feb 5th, 2021 at 19.907436
The short-term trend has been DOWN since Feb 25th, 2021 at 19.841168
Smart Scan Analysis for ZARHUF
Based on our trend formula, ZARHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).