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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.

CME_ACD.M22
Open High Low ACD.M22 Price Change
0.9018 0.9018 0.9018 0.9096 -0.0025
Entry Signal

MarketClub’s Trade Triangles for ACD.M22

long term down The long-term trend has been DOWN since Apr 28th, 2022 at 0.9241

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2022 at 0.9406

short term up 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).

-85
Smart Scan Analysis for ACD.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9018 0.9018 0.9018 0.9096 -0.0025
Prev. Close Volume Bid Ask Time
0.9025 2 2022-05-20 02:23:48
Expiration2022-06-13Open Time08:20
Close Time15:00
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