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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Bear Market Rally (-75) - ZARHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARHUF as it may be in the beginning 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
17.805647 17.838215 17.802900 17.803400 -0.002247
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 19.427950

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 18.007065

short term down The short-term trend has been DOWN since May 27th, 2020 at 18.179999

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
17.805647 17.838215 17.802900 17.803400 -0.002247
Prev. Close Volume Bid Ask Time
17.805647 17.793300 17.813500 2020-06-02 02:18:26
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