Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
AUSTRALIAN $ Dec 2021 (CME:6A.Z21)
Countertrend Down (-85) - 6A.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid 6A.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6A.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6A.Z21
The long-term trend has been DOWN since Apr 1st, 2021 at 0.7575
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.7264
The short-term trend has been UP since Sep 10th, 2021 at 0.7407
Smart Scan Analysis for 6A.Z21
Based on our trend formula, 6A.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).