Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
AUSTRALIAN $/US $ (NEW) MARCH 2020 (ICE:@KAU.H20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @KAU.H20
The long term trend has been UP since Dec 12th, 2019 at 0.6911
The intermediate term trend has been DOWN since Jan 21st, 2020 at 0.6861
The short term trend has been DOWN since Jan 17th, 2020 at 0.6903
Smart Scan Analysis for @KAU.H20
Based on a pre-defined weighted trend formula for chart analysis, @KAU.H20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||0.70425||52wk High Date||2019-12-31|
|52wk Low||0.6839||52wk Low Date||2019-12-05|