Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Canadian Dollar/Croatian Kuna (FOREX:CADHRK)
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 CADHRK
The long term trend has been UP since Jul 1st, 2019 at 4.98830
The intermediate term trend has been UP since May 19th, 2019 at 4.95165
The short term trend has been DOWN since Jul 18th, 2019 at 5.02770
Smart Scan Analysis for CADHRK
Based on a pre-defined weighted trend formula for chart analysis, CADHRK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).