Future Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
AUSTRALIAN $ Dec 2023 (CME:6A.Z23)
Bull Market Weakness (+75) - 6A.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6A.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6A.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.Z23
The long-term trend has been DOWN since Aug 2nd, 2023 at 0.65685
The intermediate-term trend has been UP since Sep 29th, 2023 at 0.64950
The short-term trend has been UP since Sep 28th, 2023 at 0.64490
Smart Scan Analysis for 6A.Z23
Based on our trend formula, 6A.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).