Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
EURO/AUSTRALIAN $ Mar 2019 (CME:EAD.H19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 EAD.H19
The long term trend has been DOWN since Nov 7th, 2018 at 1.5885
The intermediate term trend has been DOWN since Jan 13th, 2019 at 1.5982
The short term trend has been UP since Jan 22nd, 2019 at 1.5960
Smart Scan Analysis for EAD.H19
Based on a pre-defined weighted trend formula for chart analysis, EAD.H19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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