Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Croatian Kuna/Euro (FOREX:HRKEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HRKEUR
The long term trend has been DOWN since Aug 5th, 2019 at 0.13450500
The intermediate term trend has been DOWN since Feb 4th, 2020 at 0.13412918
The short term trend has been UP since Feb 13th, 2020 at 0.13419758
Smart Scan Analysis for HRKEUR
Based on a pre-defined weighted trend formula for chart analysis, HRKEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).