Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
EURO/AUSTRALIAN $ Dec 2021 (CME:EAD.Z21)
Bear Market Rally (-75) - EAD.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EAD.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EAD.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAD.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EAD.Z21
The long-term trend has been DOWN since Aug 26th, 2021 at 1.6370
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 1.5979
The short-term trend has been UP since Oct 22nd, 2021 at 1.5602
Smart Scan Analysis for EAD.Z21
Based on our trend formula, EAD.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).