Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DOWN since Jul 17th, 2018 at 8.3058
The intermediate term trend has been UP since Sep 10th, 2018 at 8.3255
The short term trend has been DOWN since Sep 21st, 2018 at 8.3449
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).