Forex Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since Sep 2nd, 2018 at 0.217260
The intermediate term trend has been UP since Oct 5th, 2018 at 0.220330
The short term trend has been DOWN since Oct 17th, 2018 at 0.218325
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).