Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
E-MICRO AUD/USD Jun 2020 (CME:M6A.M20)
Bull Market Weakness (+75) - M6A.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on M6A.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid M6A.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6A.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6A.M20
The long-term trend has been DOWN since Jan 21st, 2020 at 0.6875
The intermediate-term trend has been UP since Apr 9th, 2020 at 0.6282
The short-term trend has been UP since May 25th, 2020 at 0.6572
Smart Scan Analysis for M6A.M20
Based on our trend formula, M6A.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).