Forex Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Oct 10th, 2017 at 0.201965
The short term trend has been DOWN since Oct 12th, 2017 at 0.201200
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).