Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
AUSTRALIAN $ Sep 2022 (CME:6A.U22)
Strong Downtrend (-100) - 6A.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, 6A.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6A.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.U22
The long-term trend has been DOWN since May 8th, 2022 at 0.70505
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.70410
The short-term trend has been DOWN since Jun 29th, 2022 at 0.69020
Smart Scan Analysis for 6A.U22
Based on our trend formula, 6A.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).