Future Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
AUSTRALIAN $/CANADIAN $ DECEMBER 2020 (ICE:@AS.Z20)
Long-Term Uptrend (+90) - @AS.Z20 is in a strong uptrend that is likely to continue. While @AS.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @AS.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AS.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AS.Z20
The long-term trend has been UP since May 8th, 2020 at 0.9088
The intermediate-term trend has been UP since Aug 28th, 2020 at 0.9614
The short-term trend has been UP since Sep 9th, 2020 at 0.9543
Smart Scan Analysis for @AS.Z20
Based on our trend formula, @AS.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.9632||52wk High Date||2020-09-15|
|52wk Low||0.9498||52wk Low Date||2020-09-23|