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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

AUSTRALIAN $ Jun 2021 (CME:6A.M21)

Countertrend Up (+85) - 6A.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open High Low 6A.M21 Price Change
0.77485 0.77810 0.77025 0.77760 +0.00280
Entry Signal

MarketClub’s Trade Triangles for 6A.M21

long term up The long-term trend has been UP since May 26th, 2020 at 0.610

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 0.775

short term down The short-term trend has been DOWN since May 6th, 2021 at 0.771

Smart Scan Analysis for 6A.M21

Based on our trend formula, 6A.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for 6A.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.77485 0.77810 0.77025 0.77760 +0.00280
Prev. Close Volume Bid Ask Time
0.77480 80621 2021-05-06 14:31:33
Expiration2021-06-14Open Time18:00
Close Time17:00
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