Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Hungarian Forint/South African Rand (FOREX:HUFZAR)
Bull Market Weakness (+75) - HUFZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFZAR as it may be in the beginning stages of a reversal.
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 Feb 23rd, 2022 at 0.04720080
The intermediate-term trend has been UP since Jun 29th, 2022 at 0.04280223
The short-term trend has been UP since Jun 28th, 2022 at 0.04201587
Smart Scan Analysis for HUFZAR
Based on our trend formula, HUFZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).