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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Hungarian Forint (FOREX:ZARHUF)
Sidelines Mode (+55) - ZARHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARHUF
The long-term trend has been UP since Jun 11th, 2024 at 19.726164
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 19.699296
The short-term trend has been UP since Jul 24th, 2024 at 19.697715
Smart Scan Analysis for ZARHUF
Based on our trend formula, ZARHUF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for ZARHUF](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
19.720222 | 19.819777 | 19.650450 | 19.689214 | -0.031008 |
Prev. Close | Volume | Bid | Ask | Time |
19.720222 | 2024-07-26 17:00:05 |