Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
AUSTRALIAN $/CANADIAN $ JUNE 2021 (ICE:@AS.M21)
Strong Downtrend (-100) - @AS.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AS.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AS.M21
The long-term trend has been DOWN since Apr 30th, 2021 at 0.9548
The intermediate-term trend has been DOWN since Apr 29th, 2021 at 0.9553
The short-term trend has been DOWN since May 12th, 2021 at 0.9483
Smart Scan Analysis for @AS.M21
Based on our trend formula, @AS.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.97875||52wk High Date||2021-03-11|
|52wk Low||0.93005||52wk Low Date||2021-06-04|