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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Australian Dollar/US Dollar (FOREX:AUDUSD)

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.

FOREX_AUDUSD
Open High Low AUDUSD Price Change
0.722025 0.723170 0.720225 0.722905 +0.000880
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term up The long term trend has been UP since Dec 2nd, 2018 at 0.734200

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2018 at 0.719525

short term up The short term trend has been UP since Dec 12th, 2018 at 0.722975

Smart Scan Analysis for AUDUSD

Based on a pre-defined weighted trend formula for chart analysis, AUDUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.722025 0.723170 0.720225 0.722905 +0.000880
Prev. Close Volume Bid Ask Time
0.722025 0.722880 0.722930 2018-12-12 23:05:15
Want to analyze Australian Dollar/US Dollar AUDUSD or another symbol? Try our Free Forex Trend Analysis Report.