Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Crossroads (-60) - GBPHRK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPHRK
The long-term trend has been UP since Nov 10th, 2020 at 8.494146
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 8.773842
The short-term trend has been DOWN since Apr 6th, 2021 at 8.898266
Smart Scan Analysis for GBPHRK
Based on our trend formula, GBPHRK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).