Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 HRKAUD
The long term trend has been UP since Apr 25th, 2017 at 0.194205
The intermediate term trend has been DOWN since Dec 13th, 2017 at 0.204365
The short term trend has been DOWN since Dec 12th, 2017 at 0.206590
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).