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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Australian Dollar/ (FOREX:AUDCNH)

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.

FOREX_AUDCNH
Open High Low AUDCNH Price Change
4.820085 4.834990 4.813520 4.831360 +0.011275
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long term trend has been DOWN since Dec 25th, 2018 at 4.859650

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 4.807340

short term up The short term trend has been UP since Feb 12th, 2019 at 4.820095

Smart Scan Analysis for AUDCNH

Based on a pre-defined weighted trend formula for chart analysis, AUDCNH scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.820085 4.834990 4.813520 4.831360 +0.011275
Prev. Close Volume Bid Ask Time
4.820085 4.829610 4.833110 2019-02-19 13:35:25
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