Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

E-MICRO AUD/USD Jun 2020 (CME:M6A.M20)

Long-Term Downtrend (-90) - M6A.M20 is in a strong downtrend that is likely to continue. While M6A.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid M6A.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for M6A.M20.

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

CME_M6A.M20
Open High Low M6A.M20 Price Change
0.6591 0.6596 0.6530 0.6540 -0.0057
Entry Signal

MarketClub’s Trade Triangles for M6A.M20

long term down The long-term trend has been DOWN since Jan 21st, 2020 at 0.6875

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2020 at 0.6876

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.6725

Smart Scan Analysis for M6A.M20

Based on our trend formula, M6A.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for M6A.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6591 0.6596 0.6530 0.6540 -0.0057
Prev. Close Volume Bid Ask Time
0.6938 206 2020-02-28 04:54:40
Expiration2020-06-15Open Time18:00
Close Time17:00
Get a free daily analysis and signals for E-MICRO AUD/USD Jun 2020 (M6A.M20) - Request Your Free Report.