Forex Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
Canadian Dollar/Croatian Kuna (FOREX:CADHRK)
Long-Term Uptrend (+90) - CADHRK is in a strong uptrend that is likely to continue. While CADHRK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CADHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADHRK
The long-term trend has been UP since Jan 20th, 2021 at 4.9386687
The intermediate-term trend has been UP since Jan 11th, 2021 at 4.8838439
The short-term trend has been UP since Jan 20th, 2021 at 4.9170826
Smart Scan Analysis for CADHRK
Based on our trend formula, CADHRK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).