Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Euro/Croatian Kuna (FOREX:EURHRK)
Long-Term Downtrend (-90) - EURHRK is in a strong downtrend that is likely to continue. While EURHRK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURHRK
The long-term trend has been DOWN since May 17th, 2022 at 7.5250
The intermediate-term trend has been DOWN since Jul 14th, 2022 at 7.5189
The short-term trend has been DOWN since Jul 7th, 2022 at 7.5282
Smart Scan Analysis for EURHRK
Based on our trend formula, EURHRK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).