Future Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
EURO/AUSTRALIAN $ Dec 2020 (CME:EAD.Z20)
Weak Downtrend (-65) - EAD.Z20 is showing signs of a strengthening downtrend. Monitor EAD.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EAD.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.Z20
The long-term trend has been UP since Sep 21st, 2020 at 1.6331
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 1.6406
The short-term trend has been DOWN since Nov 20th, 2020 at 1.6239
Smart Scan Analysis for EAD.Z20
Based on our trend formula, EAD.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).