Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Croatian Kuna/Australian Dollar (FOREX:HRKAUD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 0.215110
The intermediate term trend has been DOWN since Aug 30th, 2019 at 0.220735
The short term trend has been UP since Sep 13th, 2019 at 0.218220
Smart Scan Analysis for HRKAUD
Based on a pre-defined weighted trend formula for chart analysis, HRKAUD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).