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Future Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

STERLING/AUSTRALIAN $ JUNE 2024 (ICE:@QA.M24)

Long-Term Downtrend (-90) - @QA.M24 is in a strong downtrend that is likely to continue. While @QA.M24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @QA.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @QA.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@QA.M24
Open High Low @QA.M24 Price Change
1.9182 1.9182 1.9182 1.9182 0.0000
Entry Signal

MarketClub’s Trade Triangles for @QA.M24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @QA.M24

Based on our trend formula, @QA.M24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @QA.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9182 1.9182 1.9182 1.9182 0.0000
Prev. Close Volume Bid Ask Time
1.9182 0 1.9171 1.9186 2024-05-01 00:00:00
Volatility5.9
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