Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
STERLING/AUSTRALIAN $ MARCH 2020 (ICE:@QA.H20)
Countertrend Up (+85) - @QA.H20 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 @QA.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @QA.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @QA.H20
The long-term trend has been UP since Sep 19th, 2019 at 1.84505
The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.91075
The short-term trend has been UP since Feb 13th, 2020 at 1.93610
Smart Scan Analysis for @QA.H20
Based on our trend formula, @QA.H20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.9631||52wk High Date||2020-02-03|
|52wk Low||1.87425||52wk Low Date||2019-12-30|