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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Weak Downtrend (-65) - ZARHUF is showing signs of a strengthening downtrend. Monitor ZARHUF as it may be building momentum to the downside.

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
19.129925 19.354394 19.115350 19.240629 +0.110704
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term up The long-term trend has been UP since Mar 5th, 2024 at 19.254072

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 19.154797

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 19.257097

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.129925 19.354394 19.115350 19.240629 +0.110704
Prev. Close Volume Bid Ask Time
19.129925 2024-04-25 13:07:34
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