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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Australian Dollar/US Dollar (FOREX:AUDUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_AUDUSD
Open High Low AUDUSD Price Change
0.7442 0.7442 0.7442 0.7442 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 0.76430

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 0.74793

short term up The short term trend has been UP since Jun 22nd, 2018 at 0.74143

Smart Scan Analysis for AUDUSD

Based on a pre-defined weighted trend formula for chart analysis, AUDUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7442 0.7442 0.7442 0.7442 0.0000
Prev. Close Volume Bid Ask Time
0.7442 0.7440 0.7444 2018-06-24 05:46:27
Want to analyze Australian Dollar/US Dollar AUDUSD or another symbol? Try our Free Forex Trend Analysis Report.