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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.
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MarketClub’s Trade Triangles for ZARHUF
The long-term trend has been UP since Oct 15th, 2021 at 21.224544
The intermediate-term trend has been UP since Jan 26th, 2022 at 20.988600
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).
| 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 |