Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
AUSTRALIAN $ Jan 2020 (CME:6A.F20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 6A.F20
The long term trend has been UP since Oct 18th, 2019 at 0.6775
The intermediate term trend has been UP since Dec 11th, 2019 at 0.6861
The short term trend has been UP since Jan 10th, 2020 at 0.6885
Smart Scan Analysis for 6A.F20
Based on a pre-defined weighted trend formula for chart analysis, 6A.F20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).