Future Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
AUSTRALIAN $ (FXCM) Cash (DTN:AD.Y$$)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AD.Y$$
The long term trend has been DOWN since Apr 2nd, 2018 at 0.7673
The intermediate term trend has been UP since Jul 9th, 2018 at 0.7443
The short term trend has been UP since Jul 16th, 2018 at 0.7418
Smart Scan Analysis for AD.Y$$
Based on a pre-defined weighted trend formula for chart analysis, AD.Y$$ scored +50 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|