Future Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
EURO/AUSTRALIAN $ Jun 2020 (CME:EAD.M20)
Strong Downtrend (-100) - EAD.M20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EAD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.M20
The long-term trend has been DOWN since Apr 27th, 2020 at 1.6908
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 1.7721
The short-term trend has been DOWN since May 31st, 2020 at 1.6596
Smart Scan Analysis for EAD.M20
Based on our trend formula, EAD.M20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).