Forex Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Croatian Kuna/Canadian Dollar (FOREX:HRKCAD)
Sidelines Mode (-50) - HRKCAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HRKCAD can gain momentum.
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 UP since Feb 28th, 2020 at 0.19872336
The intermediate-term trend has been DOWN since Aug 21st, 2020 at 0.20709592
The short-term trend has been DOWN since Sep 16th, 2020 at 0.20662369
Smart Scan Analysis for HRKCAD
Based on our trend formula, HRKCAD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).