Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Strong Downtrend (-100) - HUFZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for HUFZAR
The long-term trend has been DOWN since Oct 15th, 2021 at 0.04711527
The intermediate-term trend has been DOWN since Sep 6th, 2021 at 0.04873022
The short-term trend has been DOWN since Oct 13th, 2021 at 0.04772855
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).