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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Long-Term Uptrend (+90) - ZARHUF is in a strong uptrend that is likely to continue. While ZARHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_ZARHUF
Open High Low ZARHUF Price Change
20.861744 21.086000 20.785700 20.973451 +0.111707
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Oct 15th, 2021 at 21.224544

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2022 at 20.988600

short term up The short-term trend has been UP since Jan 14th, 2022 at 20.318819

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.861744 21.086000 20.785700 20.973451 +0.111707
Prev. Close Volume Bid Ask Time
20.861744 2022-01-26 10:20:39
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