Forex Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
Croatian Kuna/Danish Krone (FOREX:HRKDKK)
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 HRKDKK
The long term trend has been UP since Jan 4th, 2018 at 1.00340
The intermediate term trend has been DOWN since Feb 6th, 2018 at 1.00005
The short term trend has been UP since Feb 13th, 2018 at 1.00205
Smart Scan Analysis for HRKDKK
Based on a pre-defined weighted trend formula for chart analysis, HRKDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).