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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Australian Dollar/ (FOREX:AUDCNH)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.

FOREX_AUDCNH
Open High Low AUDCNH Price Change
4.971545 4.972410 4.953490 4.959290 -0.012255
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term up The long term trend has been UP since Nov 29th, 2018 at 5.088855

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2018 at 4.993520

short term up The short term trend has been UP since Dec 10th, 2018 at 4.986470

Smart Scan Analysis for AUDCNH

Based on a pre-defined weighted trend formula for chart analysis, AUDCNH scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.971545 4.972410 4.953490 4.959290 -0.012255
Prev. Close Volume Bid Ask Time
4.971545 4.957540 4.961040 2018-12-12 17:56:19
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