Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
EURO/AUSTRALIAN $ Jun 2019 (CME:EAD.M19)
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 EAD.M19
The long term trend has been UP since May 13th, 2019 at 1.6162
The intermediate term trend has been UP since Apr 23rd, 2019 at 1.5940
The short term trend has been DOWN since May 24th, 2019 at 1.6221
Smart Scan Analysis for EAD.M19
Based on a pre-defined weighted trend formula for chart analysis, EAD.M19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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