Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
Croatian Kuna/Norwegian Krone (FOREX:HRKNOK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 HRKNOK
The long term trend has been UP since Sep 5th, 2018 at 1.3162
The intermediate term trend has been UP since Nov 9th, 2018 at 1.2870
The short term trend has been UP since Nov 6th, 2018 at 1.2834
Smart Scan Analysis for HRKNOK
Based on a pre-defined weighted trend formula for chart analysis, HRKNOK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).