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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.

FOREX_GBPHRK
Open High Low GBPHRK Price Change
8.247960 8.266683 8.220357 8.220357 -0.027603
Entry Signal

MarketClub’s Trade Triangles for GBPHRK

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 8.644935

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2020 at 8.298615

short term up 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).

-85
Smart Scan Analysis for GBPHRK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.247960 8.266683 8.220357 8.220357 -0.027603
Prev. Close Volume Bid Ask Time
8.247960 8.217631 8.223082 2020-09-18 13:57:30
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