Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
AUSTRALIAN $/JAPANESE YEN Jun 2020 (CME:AJY.M20)
Strong Uptrend (+100) - AJY.M20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AJY.M20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AJY.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for AJY.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AJY.M20
The long-term trend has been UP since May 31st, 2020 at 71.88
The intermediate-term trend has been UP since Apr 7th, 2020 at 66.80
The short-term trend has been UP since May 25th, 2020 at 70.50
Smart Scan Analysis for AJY.M20
Based on our trend formula, AJY.M20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).