Index Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
S&P Australian Dollar Futures 1x Inverse Daily Index TR (CME:SPADFT1I)
Long-Term Uptrend (+90) - SPADFT1I is in a strong uptrend that is likely to continue. While SPADFT1I 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 SPADFT1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFT1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for SPADFT1I
The long-term trend has been UP since Mar 28th, 2024 at 86.593
The intermediate-term trend has been UP since Mar 28th, 2024 at 86.418
The short-term trend has been UP since Mar 28th, 2024 at 86.295
Smart Scan Analysis for SPADFT1I
Based on our trend formula, SPADFT1I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
86.026 | 86.650 | 85.993 | 86.124 | +0.164 |
Prev. Close | Volume | Bid | Ask | Time |
85.960 | 0 | 2024-03-28 11:57:25 |