Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
EURO/AUSTRALIAN $ Jun 2021 (CME:EAD.M21)
Weak Uptrend (+65) - EAD.M21 is showing signs of weakening momentum to the upside. Monitor EAD.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EAD.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.M21
The long-term trend has been UP since Apr 7th, 2021 at 1.5600
The intermediate-term trend has been UP since Apr 7th, 2021 at 1.5596
The short-term trend has been DOWN since Apr 14th, 2021 at 1.5597
Smart Scan Analysis for EAD.M21
Based on our trend formula, EAD.M21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).