Forex Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
Euro/Croatian Kuna (FOREX:EURHRK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EURHRK
The long term trend has been DOWN since Nov 30th, 2018 at 7.3914
The intermediate term trend has been DOWN since Jun 11th, 2019 at 7.4119
The short term trend has been DOWN since Jun 11th, 2019 at 7.4129
Smart Scan Analysis for EURHRK
Based on a pre-defined weighted trend formula for chart analysis, EURHRK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).