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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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HRKBRL
The long-term trend has been DOWN since Apr 16th, 2023 at 0.7154870
The intermediate-term trend has been DOWN since May 12th, 2023 at 0.7131803
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).
| 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 |