Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Canadian Dollar/Croatian Kuna (FOREX:CADHRK)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 CADHRK
The long term trend has been UP since Sep 11th, 2017 at 5.12225
The intermediate term trend has been UP since Nov 7th, 2017 at 5.11370
The short term trend has been DOWN since Nov 13th, 2017 at 5.09215
Smart Scan Analysis for CADHRK
Based on a pre-defined weighted trend formula for chart analysis, CADHRK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).