Free Daily Analysis

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.

FOREX_EURHRK
Open High Low EURHRK Price Change
7.4754 7.4754 7.4657 7.4689 -0.0065
Entry Signal

MarketClub’s Trade Triangles for EURHRK

long term down The long-term trend has been DOWN since Jul 22nd, 2020 at 7.5182

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2020 at 7.5398

short term up 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).

-85
Smart Scan Analysis for EURHRK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.4754 7.4754 7.4657 7.4689 -0.0065
Prev. Close Volume Bid Ask Time
7.4754 7.4664 7.4714 2020-08-04 22:14:37
Get a free daily analysis and signals for Euro/Croatian Kuna (EURHRK) - Request Your Free Report.