Future Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
EURO/AUSTRALIAN DOLLAR (NEW) JUNE 2021 (ICE:@KRA.M21)
Sidelines Mode (-55) - @KRA.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KRA.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KRA.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KRA.M21
The long-term trend has been DOWN since Nov 11th, 2020 at 1.6252
The intermediate-term trend has been UP since Mar 23rd, 2021 at 1.5523
The short-term trend has been DOWN since Apr 14th, 2021 at 1.5588
Smart Scan Analysis for @KRA.M21
Based on our trend formula, @KRA.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.5636||52wk High Date||2021-04-09|
|52wk Low||1.5417||52wk Low Date||2021-03-15|