Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
EURO/AUSTRALIAN DOLLAR (NEW) SEPTEMBER 2019 (ICE:@KRA.U19)
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.
MarketClub’s Trade Triangles for @KRA.U19
The long term trend has been UP since May 16th, 2019 at 1.6304
The intermediate term trend has been DOWN since Sep 2nd, 2019 at 1.6357
The short term trend has been DOWN since Sep 2nd, 2019 at 1.6439
Smart Scan Analysis for @KRA.U19
Based on a pre-defined weighted trend formula for chart analysis, @KRA.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1.6691||52wk High Date||2019-08-06|
|52wk Low||1.5949||52wk Low Date||2019-09-12|