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Future Trend Analysis Report

Prepared for you on Sunday, May 5, 2024.

AUSTRALIAN $/US $ (NEW) JUNE 2024 (ICE:@KAU.M24)

Long-Term Uptrend (+90) - @KAU.M24 is in a strong uptrend that is likely to continue. While @KAU.M24 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid @KAU.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @KAU.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@KAU.M24
Open High Low @KAU.M24 Price Change
0.65885 0.66505 0.65885 0.66190 +0.00370
Entry Signal

MarketClub’s Trade Triangles for @KAU.M24

long term up The long-term trend has been UP since May 3rd, 2024 at 0.66340

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 0.66340

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.64605

Smart Scan Analysis for @KAU.M24

Based on our trend formula, @KAU.M24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for @KAU.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65885 0.66505 0.65885 0.66190 +0.00370
Prev. Close Volume Bid Ask Time
0.65820 21 2024-05-03 16:46:12
Volatility8.55
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