Index Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
S&P Australian Dollar Futures 2x Inverse Daily Index ER (CME:SPADFP2I)
Long-Term Uptrend (+90) - SPADFP2I is in a strong uptrend that is likely to continue. While SPADFP2I 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 SPADFP2I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFP2I.
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 SPADFP2I
The long-term trend has been UP since Dec 3rd, 2024 at 17.213
The intermediate-term trend has been UP since Oct 14th, 2024 at 15.871
The short-term trend has been UP since Jan 8th, 2025 at 18.435
Smart Scan Analysis for SPADFP2I
Based on our trend formula, SPADFP2I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
18.902 | 18.908 | 18.554 | 18.621 | -0.244 |
Prev. Close | Volume | Bid | Ask | Time |
18.865 | 0 | 2025-01-13 21:19:40 |