Forex Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
Croatian Kuna/Euro (FOREX:HRKEUR)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Sep 1st, 2017 at 0.134525
The intermediate term trend has been DOWN since Aug 29th, 2017 at 0.134815
The short term trend has been DOWN since Oct 18th, 2017 at 0.133045
Smart Scan Analysis for HRKEUR
Based on a pre-defined weighted trend formula for chart analysis, HRKEUR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).