Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
US Dollar/Croatian Kuna (FOREX:USDHRK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 USDHRK
The long term trend has been UP since May 2nd, 2018 at 6.15195
The intermediate term trend has been UP since Aug 2nd, 2018 at 6.39340
The short term trend has been DOWN since Aug 17th, 2018 at 6.49100
Smart Scan Analysis for USDHRK
Based on a pre-defined weighted trend formula for chart analysis, USDHRK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).