Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Australian Dollar/Croatian Kuna (FOREX:AUDHRK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for AUDHRK
The long term trend has been DOWN since Jan 1st, 2019 at 4.5293
The intermediate term trend has been UP since Jan 13th, 2019 at 4.6799
The short term trend has been DOWN since Feb 21st, 2019 at 4.6572
Smart Scan Analysis for AUDHRK
Based on a pre-defined weighted trend formula for chart analysis, AUDHRK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).