Future Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
AUSTRALIAN $ Oct 2020 (CME:6A.V20)
Crossroads (-60) - 6A.V20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6A.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.V20
The long-term trend has been UP since Jul 13th, 2020 at 0.6925
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 0.7219
The short-term trend has been DOWN since Oct 12th, 2020 at 0.7172
Smart Scan Analysis for 6A.V20
Based on our trend formula, 6A.V20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).