Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
Australian Dollar/Croatian Kuna (FOREX:AUDHRK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 DOWN since Jan 15th, 2018 at 4.81870
The short term trend has been UP since Jan 17th, 2018 at 4.85900
Smart Scan Analysis for AUDHRK
Based on a pre-defined weighted trend formula for chart analysis, AUDHRK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).