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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.

FOREX_ZARHUF
Open High Low ZARHUF Price Change
19.927419 20.169055 19.902350 20.067455 +0.140036
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Sep 17th, 2020 at 18.745092

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2021 at 19.907436

short term down 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).

+65
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.927419 20.169055 19.902350 20.067455 +0.140036
Prev. Close Volume Bid Ask Time
19.927419 2021-03-05 17:00:42
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