Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Dec 10th, 2018 at 8.2139
The intermediate term trend has been UP since Dec 31st, 2018 at 8.2723
The short term trend has been UP since Jan 11th, 2019 at 8.2965
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).