Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
Euro/Croatian Kuna (FOREX:EURHRK)
Countertrend Down (-85) - EURHRK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Jul 22nd, 2020 at 7.5182
The intermediate-term trend has been DOWN since Jul 8th, 2020 at 7.5398
The short-term trend has been UP since Jul 27th, 2020 at 7.5311
Smart Scan Analysis for EURHRK
Based on our trend formula, EURHRK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).