Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
AUSTRALIAN $/NEW ZEALAND $ Sep 2020 (CME:ANE.U20)
Long-Term Uptrend (+90) - ANE.U20 is in a strong uptrend that is likely to continue. While ANE.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ANE.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ANE.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ANE.U20
The long-term trend has been UP since Jul 28th, 2020 at 1.0759
The intermediate-term trend has been UP since Jul 21st, 2020 at 1.0720
The short-term trend has been UP since Aug 4th, 2020 at 1.0791
Smart Scan Analysis for ANE.U20
Based on our trend formula, ANE.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).