Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
British Pound/Croatian Kuna (FOREX:GBPHRK)
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 GBPHRK
The long term trend has been UP since Sep 27th, 2017 at 8.56875
The intermediate term trend has been DOWN since Dec 27th, 2017 at 8.48450
The short term trend has been UP since Jan 17th, 2018 at 8.40475
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).