Future Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
AUSTRALIAN $ Apr 2019 (CME:6A.J19)
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.J19
The long term trend has been DOWN since Dec 18th, 2018 at 0.7205
The intermediate term trend has been DOWN since Feb 7th, 2019 at 0.7095
The short term trend has been UP since Mar 20th, 2019 at 0.7120
Smart Scan Analysis for 6A.J19
Based on a pre-defined weighted trend formula for chart analysis, 6A.J19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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