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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Long-Term Uptrend (+90) - ZARHUF is in a strong uptrend that is likely to continue. While ZARHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
20.614478 20.818450 20.565515 20.738524 +0.124046
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Jun 11th, 2024 at 19.726164

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2024 at 19.726164

short term up The short-term trend has been UP since Jun 10th, 2024 at 19.262000

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.614478 20.818450 20.565515 20.738524 +0.124046
Prev. Close Volume Bid Ask Time
20.614478 2024-06-21 08:14:16
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