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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HRKBRL
The long-term trend has been DOWN since Jul 28th, 2022 at 0.7049068
The intermediate-term trend has been DOWN since Jul 28th, 2022 at 0.7049068
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).