Forex Trend Analysis Report
Prepared for you on Sunday, May 27, 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 Apr 12th, 2018 at 8.55895
The intermediate term trend has been DOWN since Apr 19th, 2018 at 8.46445
The short term trend has been UP since May 24th, 2018 at 8.44825
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).