Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
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 UP since Dec 6th, 2018 at 0.206960
The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.204635
The short term trend has been DOWN since Jan 1st, 2019 at 0.209770
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).