Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
EURO/AUSTRALIAN $ Sep 2020 (CME:EAD.U20)
Countertrend Down (-85) - EAD.U20 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 EAD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.U20
The long-term trend has been DOWN since Mar 30th, 2020 at 1.8300
The intermediate-term trend has been DOWN since Aug 26th, 2020 at 1.6395
The short-term trend has been UP since Sep 3rd, 2020 at 1.6219
Smart Scan Analysis for EAD.U20
Based on our trend formula, EAD.U20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).