Future Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
AUSTRALIAN $ Mar 2023 (CME:6A.H23)
Sidelines Mode (+55) - 6A.H23 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.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.H23
The long-term trend has been UP since Jan 6th, 2023 at 0.68935
The intermediate-term trend has been UP since Nov 8th, 2022 at 0.65230
The short-term trend has been DOWN since Feb 3rd, 2023 at 0.70480
Smart Scan Analysis for 6A.H23
Based on our trend formula, 6A.H23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).