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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Croatian Kuna/Norwegian Krone (FOREX:HRKNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_HRKNOK
Open High Low HRKNOK Price Change
1.2927 1.2973 1.2927 1.2954 +0.0027
Entry Signal

MarketClub’s Trade Triangles for HRKNOK

long term up The long term trend has been UP since Nov 14th, 2017 at 1.27245

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2018 at 1.30145

short term down The short term trend has been DOWN since Jan 17th, 2018 at 1.29320

Smart Scan Analysis for HRKNOK

Based on a pre-defined weighted trend formula for chart analysis, HRKNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HRKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2927 1.2973 1.2927 1.2954 +0.0027
Prev. Close Volume Bid Ask Time
1.2927 1.2917 1.2991 2018-01-22 13:14:22
Want to analyze Croatian Kuna/Norwegian Krone HRKNOK or another symbol? Try our Free Forex Trend Analysis Report.