Forex Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 GBPHRK
The long term trend has been UP since Oct 4th, 2018 at 8.40375
The intermediate term trend has been UP since Nov 5th, 2018 at 8.49305
The short term trend has been DOWN since Nov 15th, 2018 at 8.43925
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).