Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
AUSTRALIAN $ Sep 2019 (CME:6A.U19)
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.
MarketClub’s Trade Triangles for 6A.U19
The long term trend has been DOWN since Dec 25th, 2018 at 0.7094
The intermediate term trend has been DOWN since Jun 14th, 2019 at 0.6892
The short term trend has been UP since Jun 19th, 2019 at 0.6903
Smart Scan Analysis for 6A.U19
Based on a pre-defined weighted trend formula for chart analysis, 6A.U19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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