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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

AUSTRALIAN $ Jun 2020 (CME:6A.M20)

Sidelines Mode (-55) - 6A.M20 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.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.M20.

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

Open High Low 6A.M20 Price Change
0.6000 0.6087 0.5993 0.6085 +0.0083
Entry Signal

MarketClub’s Trade Triangles for 6A.M20

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 0.6727

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2020 at 0.6893

short term up The short-term trend has been UP since Apr 6th, 2020 at 0.6077

Smart Scan Analysis for 6A.M20

Based on our trend formula, 6A.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for 6A.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6000 0.6087 0.5993 0.6085 +0.0083
Prev. Close Volume Bid Ask Time
0.6140 33268 2020-04-06 08:59:38
Expiration2020-06-15Open Time18:00
Close Time17:00
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