Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Australian Dollar Futures 1x Inverse Daily Index ER (CME:SPADFP1I)
Long-Term Uptrend (+90) - SPADFP1I is in a strong uptrend that is likely to continue. While SPADFP1I 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 SPADFP1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFP1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPADFP1I
The long-term trend has been UP since Dec 3rd, 2024 at 51.089
The intermediate-term trend has been UP since Oct 14th, 2024 at 49.029
The short-term trend has been UP since Dec 10th, 2024 at 51.577
Smart Scan Analysis for SPADFP1I
Based on our trend formula, SPADFP1I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
52.658 | 52.806 | 52.611 | 52.734 | +0.102 |
Prev. Close | Volume | Bid | Ask | Time |
52.632 | 0 | 2024-12-26 05:47:55 |