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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Special Drawing Right/Australian Dollar (FOREX:SDRAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_SDRAUD
Open High Low SDRAUD Price Change
2.0038548 2.0038548 2.0038548 2.0038548 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SDRAUD

long term down The long term trend has been DOWN since Dec 26th, 2019 at 1.9884000

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 2.0083395

short term up The short term trend has been UP since Jan 2nd, 2020 at 1.9731163

Smart Scan Analysis for SDRAUD

Based on a pre-defined weighted trend formula for chart analysis, SDRAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0038548 2.0038548 2.0038548 2.0038548 0.0000000
Prev. Close Volume Bid Ask Time
2.0038548 2.0038548 2.0038548 2020-01-12 13:08:57
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