Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Croatian Kuna/Norwegian Krone (FOREX:HRKNOK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 HRKNOK
The long term trend has been UP since Sep 5th, 2018 at 1.31620
The intermediate term trend has been UP since Feb 11th, 2019 at 1.32365
The short term trend has been DOWN since Feb 14th, 2019 at 1.31650
Smart Scan Analysis for HRKNOK
Based on a pre-defined weighted trend formula for chart analysis, HRKNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).