Future Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
EURO/AUSTRALIAN DOLLAR (NEW) DECEMBER 2020 (ICE:@KRA.Z20)
Sidelines Mode (+55) - @KRA.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KRA.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KRA.Z20
The long-term trend has been UP since Oct 19th, 2020 at 1.6570
The intermediate-term trend has been DOWN since Nov 4th, 2020 at 1.6374
The short-term trend has been UP since Nov 12th, 2020 at 1.6234
Smart Scan Analysis for @KRA.Z20
Based on our trend formula, @KRA.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.6829||52wk High Date||2020-10-20|
|52wk Low||1.6247||52wk Low Date||2020-09-08|