Spread Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
AUSTRALIAN $/NZ $ JUN 20/MAR 21 (ICE:@AR.M20-@AR.H21)
Strong Downtrend (-100) - @AR.M20-@AR.H21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @AR.M20-@AR.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.M20-@AR.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.M20-@AR.H21
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 @AR.M20-@AR.H21
Based on our trend formula, @AR.M20-@AR.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).