Future Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
EURO/AUSTRALIAN $ Dec 2023 (CME:EAD.Z23)
Strong Downtrend (-100) - EAD.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EAD.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EAD.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.Z23
The long-term trend has been DOWN since Sep 7th, 2023 at 1.6788
The intermediate-term trend has been DOWN since Nov 5th, 2023 at 1.6481
The short-term trend has been DOWN since Nov 14th, 2023 at 1.6753
Smart Scan Analysis for EAD.Z23
Based on our trend formula, EAD.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).