Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
AUSTRALIAN $/CANADIAN $ JUNE 2020 (ICE:@AS.M20)
Strong Downtrend (-100) - @AS.M20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @AS.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AS.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AS.M20
The long-term trend has been DOWN since Jul 29th, 2019 at 0.91400
The intermediate-term trend has been DOWN since Mar 16th, 2020 at 0.87530
The short-term trend has been DOWN since Apr 2nd, 2020 at 0.86305
Smart Scan Analysis for @AS.M20
Based on our trend formula, @AS.M20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.894||52wk High Date||2020-03-11|
|52wk Low||0.83115||52wk Low Date||2020-03-23|