Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
AUSTRALIAN $/US $ (NEW) JUNE 2021 (ICE:@KAU.M21)
Bull Market Weakness (+75) - @KAU.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @KAU.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @KAU.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KAU.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KAU.M21
The long-term trend has been UP since Jun 16th, 2020 at 0.68390
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 0.77085
The short-term trend has been UP since Mar 29th, 2021 at 0.76255
Smart Scan Analysis for @KAU.M21
Based on our trend formula, @KAU.M21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.7754||52wk High Date||2021-04-19|
|52wk Low||0.7593||52wk Low Date||2021-03-30|