Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 DOWN since May 29th, 2018 at 0.207540
The intermediate term trend has been UP since Jun 14th, 2018 at 0.212275
The short term trend has been UP since Jun 18th, 2018 at 0.212510
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).