Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
AUSTRALIAN $ Jun 2021 (CME:6A.M21)
Sidelines Mode (+55) - 6A.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.M21
The long-term trend has been UP since May 26th, 2020 at 0.61000
The intermediate-term trend has been UP since Feb 14th, 2021 at 0.77680
The short-term trend has been DOWN since Feb 25th, 2021 at 0.79105
Smart Scan Analysis for 6A.M21
Based on our trend formula, 6A.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).