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Www.deepdataanalytics.com.auAustralian Trading Day Market Report24 August 2020INVESTMENT MOTTO: Life is all about cycles. You evolve with the cycles or they run over you.MARKET SNAPSHOT AND INTRADAY
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How to fill out intraday trend forecast using

01
Gather relevant data on the asset or market you want to forecast.
02
Determine the time frame for the intraday trend forecast (e.g. hourly, 15-minute intervals).
03
Use technical analysis tools such as moving averages, RSI, MACD, and trend lines to identify patterns and signals.
04
Consider external factors such as news, economic events, and market sentiment that may impact the trend.
05
Create a forecast by analyzing the data and indicators to predict the direction of the trend.
06
Monitor the forecast throughout the day and adjust as necessary based on new information or changes in market conditions.

Who needs intraday trend forecast using?

01
Traders and investors who engage in intraday trading and want to make informed decisions based on short-term market trends.
02
Financial analysts who require accurate forecasts for intraday trading strategies and risk management purposes.
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Intraday trend forecast refers to the prediction of price movements within a single trading day, utilizing various analytical tools and techniques such as technical analysis, historical price data, and market sentiment.
Entities engaged in trading or activities in financial markets, such as traders, investment firms, and financial analysts, are generally required to file intraday trend forecasts.
To fill out an intraday trend forecast, one should input relevant market data, utilize analytical methods to predict price trends, and ensure that all required fields are completed accurately, including time frames and asset details.
The purpose of intraday trend forecasting is to provide traders and investors with insight into potential price movements to inform trading decisions, optimize trade timing, and manage risk effectively.
Reported information typically includes asset price data, historical trends, indicators used for analysis, anticipated price ranges, and trading volumes for the day.
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