Future Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
AUSTRALIAN $/CANADIAN $ DECEMBER 2020 (ICE:@AS.Z20)
Strong Downtrend (-100) - @AS.Z20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @AS.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @AS.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @AS.Z20
The long-term trend has been DOWN since Oct 15th, 2020 at 0.9394
The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 0.9519
The short-term trend has been DOWN since Oct 13th, 2020 at 0.9460
Smart Scan Analysis for @AS.Z20
Based on our trend formula, @AS.Z20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.9632||52wk High Date||2020-09-15|
|52wk Low||0.9359||52wk Low Date||2020-10-16|