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Forex Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Croatian Kuna/Brazilian Real (FOREX:HRKBRL)

Strong Downtrend (-100) - HRKBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HRKBRL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HRKBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRKBRL.

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FOREX_HRKBRL
Open High Low HRKBRL Price Change
0.6996460 0.7003844 0.6996460 0.6996460 0.0000000
Entry Signal

MarketClub’s Trade Triangles for HRKBRL

long term down The long-term trend has been DOWN since Apr 16th, 2023 at 0.7154870

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2023 at 0.7131803

short term down The short-term trend has been DOWN since Jun 2nd, 2023 at 0.7108883

Smart Scan Analysis for HRKBRL

Based on our trend formula, HRKBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HRKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6996460 0.7003844 0.6996460 0.6996460 0.0000000
Prev. Close Volume Bid Ask Time
0.6996460 2023-06-08 03:28:43
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