Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
AUSTRALIAN $/US $ (NEW) DECEMBER 2023 (ICE:@KAU.Z23)
Countertrend Up (+85) - @KAU.Z23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @KAU.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KAU.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KAU.Z23
The long-term trend has been UP since Nov 28th, 2023 at 0.66400
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.64465
The short-term trend has been DOWN since Dec 5th, 2023 at 0.65755
Smart Scan Analysis for @KAU.Z23
Based on our trend formula, @KAU.Z23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.67315||52wk High Date||2023-07-27|
|52wk Low||0.6302||52wk Low Date||2023-10-13|