Forex Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Euro/Croatian Kuna (FOREX:EURHRK)
Long-Term Uptrend (+90) - EURHRK is in a strong uptrend that is likely to continue. While EURHRK 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 EURHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURHRK
The long-term trend has been UP since Aug 5th, 2019 at 7.4345
The intermediate-term trend has been UP since Feb 4th, 2020 at 7.4555
The short-term trend has been UP since Feb 20th, 2020 at 7.4525
Smart Scan Analysis for EURHRK
Based on our trend formula, EURHRK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).