Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
AUSTRALIAN $/NZ $ JUNE 2021 (ICE:@AR.M21)
Sidelines Mode (+55) - @AR.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @AR.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.M21
The long-term trend has been UP since Mar 18th, 2021 at 1.0823
The intermediate-term trend has been UP since Feb 16th, 2021 at 1.0751
The short-term trend has been DOWN since Mar 30th, 2021 at 1.0906
Smart Scan Analysis for @AR.M21
Based on our trend formula, @AR.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.0948||52wk High Date||2021-03-29|
|52wk Low||1.0756||52wk Low Date||2021-03-05|