Forex Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
Australian Dollar/Croatian Kuna (FOREX:AUDHRK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for AUDHRK
The long term trend has been DOWN since Apr 25th, 2017 at 5.14935
The intermediate term trend has been UP since May 11th, 2018 at 4.67970
The short term trend has been UP since May 10th, 2018 at 4.67240
Smart Scan Analysis for AUDHRK
Based on a pre-defined weighted trend formula for chart analysis, AUDHRK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).