Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
AUSTRALIAN $ Nov 2021 (CME:6A.X21)
Sidelines Mode (+55) - 6A.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.X21
The long-term trend has been UP since Aug 31st, 2021 at 0.7313
The intermediate-term trend has been DOWN since Nov 9th, 2021 at 0.7382
The short-term trend has been UP since Nov 15th, 2021 at 0.7332
Smart Scan Analysis for 6A.X21
Based on our trend formula, 6A.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).