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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Australian Dollar/ (FOREX:AUDLFX)

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.

Open High Low AUDLFX Price Change
1.4974 1.5009 1.4956 1.4959 -0.0015
Entry Signal

MarketClub’s Trade Triangles for AUDLFX

long term down The long term trend has been DOWN since Mar 19th, 2018 at 1.4880

intermediate term up The intermediate term trend has been UP since May 13th, 2018 at 1.4871

short term up The short term trend has been UP since May 16th, 2018 at 1.4873

Smart Scan Analysis for AUDLFX

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

Smart Scan Analysis for AUDLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4974 1.5009 1.4956 1.4959 -0.0015
Prev. Close Volume Bid Ask Time
1.4974 1.4954 1.4964 2018-05-25 17:30:39
Want to analyze Australian Dollar/ AUDLFX or another symbol? Try our Free Forex Trend Analysis Report.