Forex Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
British Pound/Croatian Kuna (FOREX:GBPHRK)
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 GBPHRK
The long term trend has been UP since Jan 24th, 2019 at 8.56955
The intermediate term trend has been DOWN since Mar 21st, 2019 at 8.51970
The short term trend has been UP since Mar 22nd, 2019 at 8.68735
Smart Scan Analysis for GBPHRK
Based on a pre-defined weighted trend formula for chart analysis, GBPHRK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).