Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
AUSTRALIAN $ Sep 2021 (CME:6A.U21)
Sidelines Mode (+55) - 6A.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.U21
The long-term trend has been UP since Jun 22nd, 2020 at 0.6892
The intermediate-term trend has been UP since Apr 14th, 2021 at 0.7732
The short-term trend has been DOWN since May 12th, 2021 at 0.7818
Smart Scan Analysis for 6A.U21
Based on our trend formula, 6A.U21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).