Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
AUSTRALIAN $ Dec 2020 (CME:6A.Z20)
Sidelines Mode (+55) - 6A.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.Z20
The long-term trend has been UP since Jun 1st, 2020 at 0.6671
The intermediate-term trend has been UP since Mar 31st, 2020 at 0.6134
The short-term trend has been DOWN since Sep 21st, 2020 at 0.7284
Smart Scan Analysis for 6A.Z20
Based on our trend formula, 6A.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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