Forex Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
South African Rand/Hungarian Forint (FOREX:ZARHUF)
Strong Uptrend (+100) - ZARHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for ZARHUF
The long-term trend has been UP since Sep 17th, 2020 at 18.745092
The intermediate-term trend has been UP since Jun 4th, 2021 at 21.135673
The short-term trend has been UP since Jun 14th, 2021 at 21.035526
Smart Scan Analysis for ZARHUF
Based on our trend formula, ZARHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).