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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Australian Dollar/ (FOREX:AUDCNH)

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.

FOREX_AUDCNH
Open High Low AUDCNH Price Change
4.999535 5.004995 4.995045 5.001265 +0.001730
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term up The long term trend has been UP since Jul 1st, 2018 at 4.916420

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 5.003985

short term down The short term trend has been DOWN since Aug 16th, 2018 at 4.982410

Smart Scan Analysis for AUDCNH

Based on a pre-defined weighted trend formula for chart analysis, AUDCNH scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.999535 5.004995 4.995045 5.001265 +0.001730
Prev. Close Volume Bid Ask Time
4.999535 5.000660 5.001870 2018-08-20 06:28:35
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