Forex Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
Croatian Kuna/Canadian Dollar (FOREX:HRKCAD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 HRKCAD
The long term trend has been DOWN since May 10th, 2018 at 0.205390
The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.202825
The short term trend has been UP since Nov 14th, 2018 at 0.201725
Smart Scan Analysis for HRKCAD
Based on a pre-defined weighted trend formula for chart analysis, HRKCAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).