Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

AUSTRALIAN $ Jun 2020 (CME:6A.M20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_6A.M20
Open High Low 6A.M20 Price Change
0.6913 0.6935 0.6907 0.6907 -0.0018
Entry Signal

MarketClub’s Trade Triangles for 6A.M20

long term up The long term trend has been UP since Nov 1st, 2019 at 0.6932

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.6893

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.6908

Smart Scan Analysis for 6A.M20

Based on a pre-defined weighted trend formula for chart analysis, 6A.M20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for 6A.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6913 0.6935 0.6907 0.6907 -0.0018
Prev. Close Volume Bid Ask Time
0.6931 31 2020-01-17 10:11:00
Expiration2020-06-15Open Time18:00
Close Time17:00
Get a free daily report for AUSTRALIAN $ Jun 2020 (6A.M20) - Free Trend Analysis Report.