Future Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
AUSTRALIAN $ Sep 2020 (CME:6A.U20)
Bull Market Weakness (+75) - 6A.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6A.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6A.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.U20
The long-term trend has been UP since Jun 1st, 2020 at 0.6739
The intermediate-term trend has been UP since Apr 8th, 2020 at 0.6193
The short-term trend has been DOWN since Jun 30th, 2020 at 0.6842
Smart Scan Analysis for 6A.U20
Based on our trend formula, 6A.U20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).