Future Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
AUSTRALIAN $/CANADIAN $ MARCH 2020 (ICE:@AS.H20)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 @AS.H20
The long term trend has been DOWN since May 6th, 2019 at 0.9423
The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.9002
The short term trend has been DOWN since Jan 15th, 2020 at 0.9023
Smart Scan Analysis for @AS.H20
Based on a pre-defined weighted trend formula for chart analysis, @AS.H20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||0.90405||52wk High Date||2020-01-13|
|52wk Low||0.8938||52wk Low Date||2020-01-08|