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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_ZARHUF
Open High Low ZARHUF Price Change
19.2950 19.4434 19.2795 19.3625 +0.0675
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term down The long term trend has been DOWN since Mar 14th, 2019 at 19.2145

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 20.0240

short term up The short term trend has been UP since Mar 21st, 2019 at 19.3635

Smart Scan Analysis for ZARHUF

Based on a pre-defined weighted trend formula for chart analysis, ZARHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.2950 19.4434 19.2795 19.3625 +0.0675
Prev. Close Volume Bid Ask Time
19.2950 19.3550 19.3700 2019-03-25 10:06:31
Want to analyze South African Rand/Hungarian Forint ZARHUF or another symbol? Try our Free Forex Trend Analysis Report.