Forex Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
Croatian Kuna/US Dollar (FOREX:HRKUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 HRKUSD
The long term trend has been DOWN since May 2nd, 2018 at 0.162535
The intermediate term trend has been DOWN since Aug 2nd, 2018 at 0.156435
The short term trend has been UP since Aug 17th, 2018 at 0.154060
Smart Scan Analysis for HRKUSD
Based on a pre-defined weighted trend formula for chart analysis, HRKUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).