Future Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
AUSTRALIAN $ (FXCM) Cash (DTN:AD.Y$$)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AD.Y$$
The long term trend has been UP since Jul 13th, 2017 at 0.7687
The intermediate term trend has been DOWN since Aug 7th, 2017 at 0.7910
The short term trend has been UP since Aug 17th, 2017 at 0.7895
Smart Scan Analysis for AD.Y$$
Based on a pre-defined weighted trend formula for chart analysis, AD.Y$$ scored +75 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|