Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
AUSTRALIAN $/NZ $ DECEMBER 2023 (ICE:@AR.Z23)
Strong Downtrend (-100) - @AR.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @AR.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @AR.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.Z23
The long-term trend has been DOWN since Sep 27th, 2023 at 1.0786
The intermediate-term trend has been DOWN since Nov 13th, 2023 at 1.0847
The short-term trend has been DOWN since Nov 7th, 2023 at 1.0848
Smart Scan Analysis for @AR.Z23
Based on our trend formula, @AR.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.0902||52wk High Date||2023-11-06|
|52wk Low||1.0672||52wk Low Date||2023-10-09|