Future Trend Analysis Report
Prepared for you on Saturday, August 19, 2017.
AUSTRALIAN $ Sep 2017 (E) (CME:6A.U17.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.U17.E
The long term trend has been UP since Jul 13th, 2017 at 0.7705
The intermediate term trend has been DOWN since Aug 15th, 2017 at 0.7835
The short term trend has been UP since Aug 16th, 2017 at 0.7916
Smart Scan Analysis for 6A.U17.E
Based on a pre-defined weighted trend formula for chart analysis, 6A.U17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.8061||Contract High Date||2017-07-26|
|Contract Low||0.7169||Contract Low Date||2016-12-23|
|Estimated Volume||51206||First Delivery||2017-09-20|