Forex Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
US Dollar/Croatian Kuna (FOREX:USDHRK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for USDHRK
The long term trend has been UP since May 2nd, 2018 at 6.15195
The intermediate term trend has been DOWN since Jun 14th, 2018 at 6.23870
The short term trend has been DOWN since Jun 19th, 2018 at 6.33905
Smart Scan Analysis for USDHRK
Based on a pre-defined weighted trend formula for chart analysis, USDHRK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).