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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_AUDRON
Open High Low AUDRON Price Change
2.9601735 2.9690072 2.9594580 2.9625405 +0.0023670
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long term trend has been UP since Sep 12th, 2019 at 2.9747500

intermediate term up The intermediate term trend has been UP since Dec 20th, 2019 at 2.9699876

short term down The short term trend has been DOWN since Jan 16th, 2020 at 2.9576693

Smart Scan Analysis for AUDRON

Based on a pre-defined weighted trend formula for chart analysis, AUDRON scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9601735 2.9690072 2.9594580 2.9625405 +0.0023670
Prev. Close Volume Bid Ask Time
2.9601735 2.9609907 2.9640903 2020-01-17 16:32:23
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