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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Croatian Kuna/Brazilian Real (FOREX:HRKBRL)

Countertrend Down (-85) - HRKBRL 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 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
0.6931522 0.6942375 0.6917104 0.6917104 -0.0014420
Entry Signal

MarketClub’s Trade Triangles for HRKBRL

long term down The long-term trend has been DOWN since Jul 28th, 2022 at 0.7049068

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2022 at 0.7049068

short term up The short-term trend has been UP since Aug 17th, 2022 at 0.6986233

Smart Scan Analysis for HRKBRL

Based on our trend formula, HRKBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HRKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6931522 0.6942375 0.6917104 0.6917104 -0.0014420
Prev. Close Volume Bid Ask Time
0.6931522 2022-08-19 06:29:02
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