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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Hungarian Forint/South African Rand (FOREX:HUFZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_HUFZAR
Open High Low HUFZAR Price Change
0.049118 0.049469 0.049027 0.049288 +0.000170
Entry Signal

MarketClub’s Trade Triangles for HUFZAR

long term up The long term trend has been UP since Aug 12th, 2019 at 0.053212

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 0.050280

short term up The short term trend has been UP since Sep 15th, 2019 at 0.048952

Smart Scan Analysis for HUFZAR

Based on a pre-defined weighted trend formula for chart analysis, HUFZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HUFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.049118 0.049469 0.049027 0.049288 +0.000170
Prev. Close Volume Bid Ask Time
0.049118 0.049248 0.049329 2019-09-20 17:44:16
Want to analyze Hungarian Forint/South African Rand HUFZAR or another symbol? Try our Free Forex Trend Analysis Report.