Forex Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
US Dollar/Croatian Kuna (FOREX:USDHRK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 USDHRK
The long term trend has been UP since Mar 7th, 2019 at 6.586100
The intermediate term trend has been UP since Nov 12th, 2019 at 6.747122
The short term trend has been UP since Nov 5th, 2019 at 6.703100
Smart Scan Analysis for USDHRK
Based on a pre-defined weighted trend formula for chart analysis, USDHRK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).