Forex Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
Croatian Kuna/Canadian Dollar (FOREX:HRKCAD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 HRKCAD
The long term trend has been DOWN since May 10th, 2018 at 0.205390
The intermediate term trend has been DOWN since Jun 29th, 2018 at 0.204315
The short term trend has been DOWN since Jul 18th, 2018 at 0.207430
Smart Scan Analysis for HRKCAD
Based on a pre-defined weighted trend formula for chart analysis, HRKCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).