Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
STERLING/AUSTRALIAN $ MARCH 2020 (ICE:@QA.H20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 @QA.H20
The long term trend has been UP since Sep 19th, 2019 at 1.84505
The intermediate term trend has been DOWN since Dec 20th, 2019 at 1.89720
The short term trend has been DOWN since Dec 12th, 2019 at 1.92280
Smart Scan Analysis for @QA.H20
Based on a pre-defined weighted trend formula for chart analysis, @QA.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1.8937||52wk High Date||2019-12-20|
|52wk Low||1.87425||52wk Low Date||2019-12-30|