Forex Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
Croatian Kuna/Canadian Dollar (FOREX:HRKCAD)
Long-Term Downtrend (-90) - HRKCAD is in a strong downtrend that is likely to continue. While HRKCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HRKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HRKCAD
The long-term trend has been DOWN since Oct 4th, 2021 at 0.19501267
The intermediate-term trend has been DOWN since Jul 4th, 2022 at 0.17801103
The short-term trend has been DOWN since Aug 16th, 2022 at 0.17424019
Smart Scan Analysis for HRKCAD
Based on our trend formula, HRKCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).