Future Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
EURO/AUSTRALIAN $ Jun 2019 (CME:EAD.M19)
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.
MarketClub’s Trade Triangles for EAD.M19
The long term trend has been DOWN since Mar 7th, 2019 at 1.6105
The intermediate term trend has been UP since Apr 23rd, 2019 at 1.5940
The short term trend has been UP since Apr 22nd, 2019 at 1.5801
Smart Scan Analysis for EAD.M19
Based on a pre-defined weighted trend formula for chart analysis, EAD.M19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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