Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
AUSTRALIAN $/CANADIAN $ Jun 2022 (CME:ACD.M22)
Countertrend Down (-85) - ACD.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ACD.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACD.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACD.M22
The long-term trend has been DOWN since Apr 28th, 2022 at 0.9241
The intermediate-term trend has been DOWN since Apr 13th, 2022 at 0.9406
The short-term trend has been UP since May 20th, 2022 at 0.8987
Smart Scan Analysis for ACD.M22
Based on our trend formula, ACD.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).