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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.

FOREX_AUDHRK
Open High Low AUDHRK Price Change
4.74505 4.78210 4.73010 4.77680 +0.03175
Entry Signal

MarketClub’s Trade Triangles for AUDHRK

long term down The long term trend has been DOWN since Apr 25th, 2017 at 5.14935

intermediate term up The intermediate term trend has been UP since May 11th, 2018 at 4.67970

short term up 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).

+70
Smart Scan Analysis for AUDHRK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.74505 4.78210 4.73010 4.77680 +0.03175
Prev. Close Volume Bid Ask Time
4.74505 4.77670 4.77690 2018-05-23 22:24:57
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