Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
EURO/AUSTRALIAN $ Mar 2022 (CME:EAD.H22)
Sidelines Mode (-55) - EAD.H22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EAD.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.H22
The long-term trend has been DOWN since Nov 2nd, 2021 at 1.6222
The intermediate-term trend has been UP since Jan 26th, 2022 at 1.5869
The short-term trend has been DOWN since Jan 27th, 2022 at 1.5771
Smart Scan Analysis for EAD.H22
Based on our trend formula, EAD.H22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).