Forex Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
US Dollar/Croatian Kuna (FOREX:USDHRK)
Strong Downtrend (-100) - USDHRK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDHRK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDHRK
The long-term trend has been DOWN since Nov 15th, 2022 at 7.2466
The intermediate-term trend has been DOWN since Oct 26th, 2022 at 7.5244
The short-term trend has been DOWN since Dec 1st, 2022 at 7.1909
Smart Scan Analysis for USDHRK
Based on our trend formula, USDHRK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).