Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
AUSTRALIAN $/JAPANESE YEN Mar 2021 (CME:AJY.H21)
Countertrend Up (+85) - AJY.H21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AJY.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for AJY.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AJY.H21
The long-term trend has been UP since Dec 2nd, 2020 at 76.96
The intermediate-term trend has been UP since Dec 2nd, 2020 at 76.96
The short-term trend has been DOWN since Feb 26th, 2021 at 83.17
Smart Scan Analysis for AJY.H21
Based on our trend formula, AJY.H21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).