Future Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
E-MICRO AUD/USD Sep 2023 (CME:M6A.U23)
Sidelines Mode (-55) - M6A.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6A.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6A.U23
The long-term trend has been DOWN since Apr 26th, 2023 at 0.6650
The intermediate-term trend has been DOWN since May 23rd, 2023 at 0.6648
The short-term trend has been UP since Jun 1st, 2023 at 0.6583
Smart Scan Analysis for M6A.U23
Based on our trend formula, M6A.U23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).