Forex Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
Australian Dollar/Croatian Kuna (FOREX:AUDHRK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 AUDHRK
The long term trend has been DOWN since May 9th, 2019 at 4.6018
The intermediate term trend has been UP since Jul 3rd, 2019 at 4.5970
The short term trend has been UP since Jul 12th, 2019 at 4.6023
Smart Scan Analysis for AUDHRK
Based on a pre-defined weighted trend formula for chart analysis, AUDHRK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).