Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
AUSTRALIAN $ Mar 2019 (CME:6A.H19)
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 6A.H19
The long term trend has been DOWN since Jan 1st, 2019 at 0.7036
The intermediate term trend has been DOWN since Feb 7th, 2019 at 0.7082
The short term trend has been UP since Feb 12th, 2019 at 0.7112
Smart Scan Analysis for 6A.H19
Based on a pre-defined weighted trend formula for chart analysis, 6A.H19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:00|