Forex Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
Euro/Croatian Kuna (FOREX:EURHRK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Apr 23rd, 2019 at 7.4208
The short term trend has been UP since May 14th, 2019 at 7.4126
Smart Scan Analysis for EURHRK
Based on a pre-defined weighted trend formula for chart analysis, EURHRK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).