Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Croatian Kuna/Euro (FOREX:HRKEUR)
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 HRKEUR
The long term trend has been DOWN since Aug 5th, 2019 at 0.134505
The intermediate term trend has been DOWN since Aug 5th, 2019 at 0.135215
The short term trend has been UP since Aug 13th, 2019 at 0.135575
Smart Scan Analysis for HRKEUR
Based on a pre-defined weighted trend formula for chart analysis, HRKEUR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).