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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Special Drawing Right/Australian Dollar (FOREX:SDRAUD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SDRAUD
Open High Low SDRAUD Price Change
1.9947 1.9947 1.9947 1.9947 0.0000
Entry Signal

MarketClub’s Trade Triangles for SDRAUD

long term up The long term trend has been UP since Dec 31st, 2018 at 1.9769

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2019 at 2.0271

short term down The short term trend has been DOWN since Sep 5th, 2019 at 2.0274

Smart Scan Analysis for SDRAUD

Based on a pre-defined weighted trend formula for chart analysis, SDRAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9947 1.9947 1.9947 1.9947 0.0000
Prev. Close Volume Bid Ask Time
1.9947 1.9947 1.9947 2019-09-16 20:21:47
Want to analyze Special Drawing Right/Australian Dollar SDRAUD or another symbol? Try our Free Forex Trend Analysis Report.