Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
AUSTRALIAN $/JAPANESE YEN Sep 2021 (CME:AJY.U21)
Countertrend Down (-85) - AJY.U21 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 AJY.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for AJY.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AJY.U21
The long-term trend has been DOWN since Jun 11th, 2021 at 84.69
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 84.69
The short-term trend has been UP since Aug 4th, 2021 at 80.85
Smart Scan Analysis for AJY.U21
Based on our trend formula, AJY.U21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).