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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Argentine Peso/Australian Dollar (FOREX:ARSAUD)

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.

FOREX_ARSAUD
Open High Low ARSAUD Price Change
0.02462136 0.02470211 0.02459058 0.02460041 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for ARSAUD

long term down The long term trend has been DOWN since Aug 12th, 2019 at 0.03134400

intermediate term up The intermediate term trend has been UP since Jan 26th, 2020 at 0.02443210

short term up The short term trend has been UP since Jan 19th, 2020 at 0.02425533

Smart Scan Analysis for ARSAUD

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

+60
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02462136 0.02470211 0.02459058 0.02460041 -0.00002100
Prev. Close Volume Bid Ask Time
0.02462136 0.02459873 0.02460208 2020-01-28 18:54:19
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