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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

US Dollar/Croatian Kuna (FOREX:USDHRK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_USDHRK
Open High Low USDHRK Price Change
6.6885000 6.7075000 6.6803174 6.7075000 +0.0190000
Entry Signal

MarketClub’s Trade Triangles for USDHRK

long term down The long term trend has been DOWN since Dec 12th, 2019 at 6.6519

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2019 at 6.7037

short term up The short term trend has been UP since Jan 17th, 2020 at 6.7052

Smart Scan Analysis for USDHRK

Based on a pre-defined weighted trend formula for chart analysis, USDHRK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDHRK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.6885000 6.7075000 6.6803174 6.7075000 +0.0190000
Prev. Close Volume Bid Ask Time
6.6885000 6.7050000 6.7100000 2020-01-17 12:43:18
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