Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
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 HRKAUD
The long term trend has been DOWN since Sep 12th, 2019 at 0.21511000
The intermediate term trend has been DOWN since Dec 12th, 2019 at 0.21706242
The short term trend has been UP since Jan 16th, 2020 at 0.21720573
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).