Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
AUSTRALIAN $ Mar 2021 (CME:6A.H21)
Sidelines Mode (-55) - 6A.H21 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 6A.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.H21
The long-term trend has been UP since Jun 2nd, 2020 at 0.6625
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 0.7211
The short-term trend has been UP since Oct 22nd, 2020 at 0.7107
Smart Scan Analysis for 6A.H21
Based on our trend formula, 6A.H21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).