Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
AUSTRALIAN $/NZ $ JUNE 2020 (ICE:@AR.M20)
Bull Market Weakness (+75) - @AR.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @AR.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @AR.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.M20
The long-term trend has been UP since Apr 14th, 2020 at 1.0531
The intermediate-term trend has been UP since Apr 8th, 2020 at 1.0359
The short-term trend has been DOWN since May 20th, 2020 at 1.0750
Smart Scan Analysis for @AR.M20
Based on our trend formula, @AR.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.082||52wk High Date||2020-05-15|
|52wk Low||1.0045||52wk Low Date||2020-03-18|