Spread Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
E-MICRO AUD/USD Sep 2020/Jun 2020 Spread (CME:M6A.U20_M20)
Long-Term Downtrend (-90) - M6A.U20_M20 is in a strong downtrend that is likely to continue. While M6A.U20_M20 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 M6A.U20_M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6A.U20_M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6A.U20_M20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for M6A.U20_M20
Based on our trend formula, M6A.U20_M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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