Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
British Pound/Croatian Kuna (FOREX:GBPHRK)
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 GBPHRK
The long term trend has been UP since Sep 27th, 2017 at 8.56875
The intermediate term trend has been UP since Oct 30th, 2017 at 8.51005
The short term trend has been UP since Nov 17th, 2017 at 8.48820
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).