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Forex Trend Analysis Report

Prepared for you on Wednesday, July 15, 2020.

South African Rand/Hungarian Forint (FOREX:ZARHUF)

Crossroads (+60) - ZARHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
18.650500 18.745092 18.560062 18.667500 +0.017000
Entry Signal

MarketClub’s Trade Triangles for ZARHUF

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 19.427950

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2020 at 18.493598

short term up The short-term trend has been UP since Jul 8th, 2020 at 18.503550

Smart Scan Analysis for ZARHUF

Based on our trend formula, ZARHUF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.650500 18.745092 18.560062 18.667500 +0.017000
Prev. Close Volume Bid Ask Time
18.650500 18.656700 18.678300 2020-07-15 14:37:08
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