Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

AUSTRALIAN $ May 2021 (CME:6A.K21)

Sidelines Mode (+55) - 6A.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid 6A.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.K21.

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

Open High Low 6A.K21 Price Change
0.77445 0.77460 0.77050 0.77460 +0.00210
Entry Signal

MarketClub’s Trade Triangles for 6A.K21

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 0.76225

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2021 at 0.77490

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 0.77330

Smart Scan Analysis for 6A.K21

Based on our trend formula, 6A.K21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for 6A.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.77445 0.77460 0.77050 0.77460 +0.00210
Prev. Close Volume Bid Ask Time
0.77250 21 2021-05-06 09:32:11
Expiration2021-05-17Open Time18:00
Close Time17:00
Get a free daily analysis and signals for AUSTRALIAN $ May 2021 (6A.K21) - Request Your Free Report.