Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
EURO/AUSTRALIAN $ Mar 2021 (CME:EAD.H21)
Sidelines Mode (-55) - EAD.H21 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 EAD.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.H21
The long-term trend has been DOWN since Dec 7th, 2020 at 1.6370
The intermediate-term trend has been DOWN since Dec 7th, 2020 at 1.6370
The short-term trend has been UP since Feb 25th, 2021 at 1.5377
Smart Scan Analysis for EAD.H21
Based on our trend formula, EAD.H21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).