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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P/ASX Australian Fixed Interest AA Rating Band Index (CME:SPBDAR2T)

Long-Term Downtrend (-90) - SPBDAR2T is in a strong downtrend that is likely to continue. While SPBDAR2T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPBDAR2T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAR2T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBDAR2T
Open High Low SPBDAR2T Price Change
152.91 153.07 152.73 153.07 +0.04
Entry Signal

MarketClub’s Trade Triangles for SPBDAR2T

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 153.62

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 155.66

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 154.76

Smart Scan Analysis for SPBDAR2T

Based on our trend formula, SPBDAR2T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBDAR2T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.91 153.07 152.73 153.07 +0.04
Prev. Close Volume Bid Ask Time
153.03 0 2024-04-26 03:47:56
52wk High149.5452wk High Date2018-10-30
52wk Low144.24652wk Low Date2018-01-19
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