Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
E-MICRO AUD/USD Sep 2020 (CME:M6A.U20)
Sidelines Mode (+55) - M6A.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 M6A.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6A.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6A.U20
The long-term trend has been UP since Mar 19th, 2020 at 0.5789
The intermediate-term trend has been UP since Mar 19th, 2020 at 0.5789
The short-term trend has been DOWN since Aug 7th, 2020 at 0.7156
Smart Scan Analysis for M6A.U20
Based on our trend formula, M6A.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).