Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
AUSTRALIAN $/NEW ZEALAND $ Jun 2020 (CME:ANE.M20)
Countertrend Up (+85) - ANE.M20 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 ANE.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ANE.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ANE.M20
The long-term trend has been UP since Apr 13th, 2020 at 1.0442
The intermediate-term trend has been UP since Apr 7th, 2020 at 1.0310
The short-term trend has been UP since May 29th, 2020 at 1.0736
Smart Scan Analysis for ANE.M20
Based on our trend formula, ANE.M20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).