Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
AUSTRALIAN $ Oct 2021 (CME:6A.V21)
Sidelines Mode (-55) - 6A.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.V21
The long-term trend has been DOWN since Jun 25th, 2021 at 0.77175
The intermediate-term trend has been UP since Oct 11th, 2021 at 0.73150
The short-term trend has been DOWN since Oct 18th, 2021 at 0.74090
Smart Scan Analysis for 6A.V21
Based on our trend formula, 6A.V21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).