Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
AUSTRALIAN $ Apr 2021 (CME:6A.J21)
Crossroads (+60) - 6A.J21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6A.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.J21
The long-term trend has been DOWN since Mar 25th, 2021 at 0.75875
The intermediate-term trend has been UP since Apr 15th, 2021 at 0.77275
The short-term trend has been UP since Apr 13th, 2021 at 0.76395
Smart Scan Analysis for 6A.J21
Based on our trend formula, 6A.J21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).