Forex Trend Analysis Report
Prepared for you on Monday, May 1, 2017.
Croatian Kuna/Euro (FOREX:HRKEUR)
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 HRKEUR
The long term trend has been UP since Jan 26th, 2017 at 0.133635
The intermediate term trend has been DOWN since Mar 30th, 2017 at 0.134255
The short term trend has been DOWN since Apr 19th, 2017 at 0.134315
Smart Scan Analysis for HRKEUR
Based on a pre-defined weighted trend formula for chart analysis, HRKEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).