Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Euro/Croatian Kuna (FOREX:EURHRK)
Sidelines Mode (-55) - EURHRK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jul 22nd, 2020 at 7.5182
The intermediate-term trend has been DOWN since Jul 8th, 2020 at 7.5398
The short-term trend has been UP since Aug 12th, 2020 at 7.4878
Smart Scan Analysis for EURHRK
Based on our trend formula, EURHRK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).