Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

/Australian Dollar (FOREX:TOPAUD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_TOPAUD
Open High Low TOPAUD Price Change
0.61705 0.61705 0.61705 0.61705 0.00000
Entry Signal

MarketClub’s Trade Triangles for TOPAUD

long term up The long term trend has been UP since Jun 28th, 2018 at 0.59825

intermediate term up The intermediate term trend has been UP since Dec 11th, 2018 at 0.61015

short term up The short term trend has been UP since Dec 11th, 2018 at 0.61015

Smart Scan Analysis for TOPAUD

Based on a pre-defined weighted trend formula for chart analysis, TOPAUD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for TOPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61705 0.61705 0.61705 0.61705 0.00000
Prev. Close Volume Bid Ask Time
0.61705 0.60220 0.63190 2019-01-08 02:43:27
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