I use card type a lot to preview if I have type my latex syntax correctly when editing formulas, but in 2.1.33, card types no longer generate latex, therefore I am unable to get a preview.
Works for me.
But note that syntax like [$]{{Field}}[/$] may not work in templates.
See https://docs.ankiweb.net/#/templates/fields?id=field-references
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Is there a reason for not switching over to MathJax for you?