Future Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
EURO/AUSTRALIAN DOLLAR (NEW) SEPTEMBER 2020 (ICE:@KRA.U20)
Countertrend Down (-85) - @KRA.U20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @KRA.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KRA.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KRA.U20
The long-term trend has been DOWN since Jun 1st, 2020 at 1.6508
The intermediate-term trend has been DOWN since Aug 31st, 2020 at 1.6432
The short-term trend has been UP since Sep 8th, 2020 at 1.6219
Smart Scan Analysis for @KRA.U20
Based on our trend formula, @KRA.U20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.6563||52wk High Date||2020-06-15|
|52wk Low||1.6165||52wk Low Date||2020-07-22|