Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Australian Dollar/ (FOREX:AUDLFX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AUDLFX
Open High Low AUDLFX Price Change
1.4327 1.4329 1.4325 1.4329 +0.0002
Entry Signal

MarketClub’s Trade Triangles for AUDLFX

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 1.4211

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 1.4329

short term down The short term trend has been DOWN since Mar 19th, 2019 at 1.4342

Smart Scan Analysis for AUDLFX

Based on a pre-defined weighted trend formula for chart analysis, AUDLFX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AUDLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4327 1.4329 1.4325 1.4329 +0.0002
Prev. Close Volume Bid Ask Time
1.4327 1.4324 1.4334 2019-03-20 01:38:06
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