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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Australian Dollar/ (FOREX:AUDCNH)

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.

FOREX_AUDCNH
Open High Low AUDCNH Price Change
5.122705 5.138225 5.114960 5.129735 +0.007030
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long term trend has been DOWN since Oct 9th, 2017 at 5.14979

intermediate term up The intermediate term trend has been UP since Dec 13th, 2017 at 5.06281

short term up The short term trend has been UP since Jan 16th, 2018 at 5.13216

Smart Scan Analysis for AUDCNH

Based on a pre-defined weighted trend formula for chart analysis, AUDCNH scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.122705 5.138225 5.114960 5.129735 +0.007030
Prev. Close Volume Bid Ask Time
5.122705 5.129110 5.130360 2018-01-17 09:41:52
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