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Future Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

EURO/AUSTRALIAN $ Sep 2020 (CME:EAD.U20)

Sidelines Mode (+55) - EAD.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.U20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_EAD.U20
Open High Low EAD.U20 Price Change
1.6491 1.6524 1.6491 1.6524 +0.0021
Entry Signal

MarketClub’s Trade Triangles for EAD.U20

long term down The long-term trend has been DOWN since Mar 30th, 2020 at 1.8300

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2020 at 1.6419

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 1.6474

Smart Scan Analysis for EAD.U20

Based on our trend formula, EAD.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EAD.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6491 1.6524 1.6491 1.6524 +0.0021
Prev. Close Volume Bid Ask Time
1.6441 32 2020-08-06 02:40:21
Expiration2020-09-14Open Time18:00
Close Time17:00
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