Future Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
AUSTRALIAN $ Feb 2021 (CME:6A.G21)
Long-Term Uptrend (+90) - 6A.G21 is in a strong uptrend that is likely to continue. While 6A.G21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6A.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.G21
The long-term trend has been UP since Nov 6th, 2020 at 0.7265
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.7265
The short-term trend has been UP since Jan 20th, 2021 at 0.7725
Smart Scan Analysis for 6A.G21
Based on our trend formula, 6A.G21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).