Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Countertrend Down (-85) - HUFZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HUFZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFZAR.
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 HUFZAR
The long-term trend has been DOWN since Mar 5th, 2024 at 0.05193707
The intermediate-term trend has been DOWN since Mar 4th, 2024 at 0.05216206
The short-term trend has been UP since Mar 15th, 2024 at 0.05182228
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05224164 | 0.05237357 | 0.05197280 | 0.05206741 | -0.00017400 |
Prev. Close | Volume | Bid | Ask | Time |
0.05224164 | 2024-03-19 07:02:56 |