Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
AUSTRALIAN $/NZ $ DECEMBER 2021 (ICE:@AR.Z21)
Sidelines Mode (-55) - @AR.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.Z21
The long-term trend has been DOWN since Jul 19th, 2021 at 1.0627
The intermediate-term trend has been UP since Sep 29th, 2021 at 1.0424
The short-term trend has been DOWN since Oct 14th, 2021 at 1.0595
Smart Scan Analysis for @AR.Z21
Based on our trend formula, @AR.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.0618||52wk High Date||2021-10-12|
|52wk Low||1.0303||52wk Low Date||2021-09-19|