Future Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
AUSTRALIAN $ (FXCM) Cash (DTN:AD.Y$$)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AD.Y$$
The long term trend has been UP since Jul 13th, 2017 at 0.7687
The intermediate term trend has been DOWN since Sep 25th, 2017 at 0.7961
The short term trend has been DOWN since Oct 18th, 2017 at 0.7828
Smart Scan Analysis for AD.Y$$
Based on a pre-defined weighted trend formula for chart analysis, AD.Y$$ scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.10575||Contract High Date||2011-07-27|
|Contract Low||0.4793||Contract Low Date||2001-04-02|
|Open Time||08:00||Close Time||15:10|