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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Croatian Kuna/Brazilian Real (FOREX:HRKBRL)
Long-Term Uptrend (+90) - HRKBRL is in a strong uptrend that is likely to continue. While HRKBRL 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 HRKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRKBRL.
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 HRKBRL
The long-term trend has been UP since Oct 6th, 2023 at 0.725658
The intermediate-term trend has been UP since Feb 23rd, 2024 at 0.715873
The short-term trend has been UP since May 9th, 2024 at 0.728846
Smart Scan Analysis for HRKBRL
Based on our trend formula, HRKBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7260550 | 0.7394031 | 0.7244697 | 0.7357142 | +0.0096590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7260550 | 2024-05-09 15:18:08 |