Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P Australian Dollar Futures 2x Leverage Daily Index ER (CME:SPADFP2L)
Strong Downtrend (-100) - SPADFP2L is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPADFP2L continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPADFP2L?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFP2L.
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 SPADFP2L
The long-term trend has been DOWN since Apr 12th, 2024 at 111.54
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 112.45
The short-term trend has been DOWN since Apr 10th, 2024 at 115.15
Smart Scan Analysis for SPADFP2L
Based on our trend formula, SPADFP2L is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
109.41 | 110.32 | 109.27 | 109.82 | +0.56 |
Prev. Close | Volume | Bid | Ask | Time |
109.26 | 0 | 2024-04-19 07:56:40 |