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Future Trend Analysis Report

Prepared for you on Tuesday, May 17, 2022.

AUSTRALIAN $ May 2022 (CME:6A.K22)

Long-Term Downtrend (-90) - 6A.K22 is in a strong downtrend that is likely to continue. While 6A.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6A.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.K22.

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

CME_6A.K22
Open High Low 6A.K22 Price Change
0.68880 0.69290 0.68880 0.69385 +0.00065
Entry Signal

MarketClub’s Trade Triangles for 6A.K22

long term down The long-term trend has been DOWN since Apr 28th, 2022 at 0.71145

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2022 at 0.74000

short term down The short-term trend has been DOWN since May 8th, 2022 at 0.70700

Smart Scan Analysis for 6A.K22

Based on our trend formula, 6A.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for 6A.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.68880 0.69290 0.68880 0.69385 +0.00065
Prev. Close Volume Bid Ask Time
0.69290 2 2022-05-16 08:38:10
Expiration2022-05-16Open Time18:00
Close Time17:00
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