Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Sidelines Mode (+55) - GBPHRK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Oct 12th, 2021 at 8.791196
The short-term trend has been DOWN since Oct 27th, 2021 at 8.917353
Smart Scan Analysis for GBPHRK
Based on our trend formula, GBPHRK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).