Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Australian Dollar/ (FOREX:AUDLFX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for AUDLFX
The long term trend has been DOWN since Jan 2nd, 2019 at 1.4211
The intermediate term trend has been UP since Jan 15th, 2019 at 1.4523
The short term trend has been DOWN since Jan 22nd, 2019 at 1.4456
Smart Scan Analysis for AUDLFX
Based on a pre-defined weighted trend formula for chart analysis, AUDLFX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).