Forex Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
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 HRKAUD
The long term trend has been DOWN since May 29th, 2018 at 0.20754
The intermediate term trend has been DOWN since Aug 3rd, 2018 at 0.21184
The short term trend has been UP since Aug 12th, 2018 at 0.21153
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).