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.
MarketClub’s Trade Triangles for EAD.U20
The long-term trend has been DOWN since Mar 30th, 2020 at 1.8300
The intermediate-term trend has been UP since Jul 24th, 2020 at 1.6419
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).