Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
EURO/AUSTRALIAN $ Jun 2019 (CME:EAD.M19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.M19
The long term trend has been UP since May 13th, 2019 at 1.6162
The intermediate term trend has been UP since Apr 23rd, 2019 at 1.5940
The short term trend has been UP since Jun 7th, 2019 at 1.6176
Smart Scan Analysis for EAD.M19
Based on a pre-defined weighted trend formula for chart analysis, EAD.M19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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