Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Croatian Kuna/US Dollar (FOREX:HRKUSD)
Sidelines Mode (+55) - HRKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HRKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HRKUSD
The long-term trend has been DOWN since Nov 2nd, 2020 at 0.15375404
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.15683872
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.15635796
Smart Scan Analysis for HRKUSD
Based on our trend formula, HRKUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).