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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.

FOREX_EURHRK
Open High Low EURHRK Price Change
7.5165 7.5165 7.5165 7.5165 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURHRK

long term down The long-term trend has been DOWN since May 17th, 2022 at 7.5250

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2022 at 7.5189

short term down 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).

-90
Smart Scan Analysis for EURHRK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.5165 7.5165 7.5165 7.5165 0.0000
Prev. Close Volume Bid Ask Time
7.5165 2022-08-10 07:20:29
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