Future Trend Analysis Report
Prepared for you on Tuesday, December 6, 2022.
AUSTRALIAN $/CANADIAN $ Dec 2022 (CME:ACD.Z22)
Bull Market Weakness (+75) - ACD.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ACD.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ACD.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACD.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACD.Z22
The long-term trend has been UP since Nov 15th, 2022 at 0.8969
The intermediate-term trend has been UP since Nov 11th, 2022 at 0.8814
The short-term trend has been DOWN since Dec 6th, 2022 at 0.9141
Smart Scan Analysis for ACD.Z22
Based on our trend formula, ACD.Z22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).