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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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
23.839062 23.987490 23.627500 23.659571 -0.179491
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Feb 23rd, 2022 at 21.186085

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2022 at 24.144742

short term down The short-term trend has been DOWN since Aug 19th, 2022 at 23.696686

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
23.839062 23.987490 23.627500 23.659571 -0.179491
Prev. Close Volume Bid Ask Time
23.839062 2022-08-19 17:20:33
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