Forex Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
British Pound/Croatian Kuna (FOREX:GBPHRK)
Countertrend Down (-85) - GBPHRK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPHRK
The long-term trend has been DOWN since Mar 2nd, 2020 at 8.644935
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 8.298615
The short-term trend has been UP since Sep 16th, 2020 at 8.211450
Smart Scan Analysis for GBPHRK
Based on our trend formula, GBPHRK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).