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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Hungarian Forint (FOREX:ZARHUF)
Countertrend Up (+85) - ZARHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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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 UP since Sep 10th, 2024 at 20.158950
The short-term trend has been UP since Nov 18th, 2024 at 21.412446
Smart Scan Analysis for ZARHUF
Based on our trend formula, ZARHUF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.353950 | 21.389750 | 21.325855 | 21.378689 | +0.024739 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.353950 | 2024-11-20 03:40:37 |