Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
AUSTRALIAN $ Sep 2019 (CME:6A.U19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.U19
The long term trend has been DOWN since Dec 25th, 2018 at 0.7094
The intermediate term trend has been DOWN since Apr 23rd, 2019 at 0.7083
The short term trend has been UP since May 24th, 2019 at 0.6927
Smart Scan Analysis for 6A.U19
Based on a pre-defined weighted trend formula for chart analysis, 6A.U19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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