Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
AUSTRALIAN $ Jan 2019 (CME:6A.F19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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 6A.F19
The long term trend has been DOWN since Dec 21st, 2018 at 0.7056
The intermediate term trend has been UP since Jan 13th, 2019 at 0.7192
The short term trend has been UP since Jan 4th, 2019 at 0.7022
Smart Scan Analysis for 6A.F19
Based on a pre-defined weighted trend formula for chart analysis, 6A.F19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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