Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
AUSTRALIAN $/NZ $ SEPTEMBER 2020 (ICE:@AR.U20)
Long-Term Uptrend (+90) - @AR.U20 is in a strong uptrend that is likely to continue. While @AR.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @AR.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AR.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AR.U20
The long-term trend has been UP since Apr 14th, 2020 at 1.0539
The intermediate-term trend has been UP since Jul 21st, 2020 at 1.0715
The short-term trend has been UP since Jul 28th, 2020 at 1.0713
Smart Scan Analysis for @AR.U20
Based on our trend formula, @AR.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.0855||52wk High Date||2020-08-05|
|52wk Low||1.0574||52wk Low Date||2020-07-10|