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Forex Trend Analysis Report

Prepared for you on Saturday, October 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
4.930845 4.953560 4.928575 4.938295 +0.007450
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long term trend has been DOWN since Oct 5th, 2018 at 4.871445

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 4.871445

short term up The short term trend has been UP since Oct 8th, 2018 at 4.898990

Smart Scan Analysis for AUDCNH

Based on a pre-defined weighted trend formula for chart analysis, AUDCNH scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.930845 4.953560 4.928575 4.938295 +0.007450
Prev. Close Volume Bid Ask Time
4.930845 4.935950 4.940640 2018-10-19 18:32:11
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