Analyze Symbol
Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
S&P Asia 50 (CME:SPASIA50)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for SPASIA50
The long term trend has been DOWN since May 16th, 2019 at 4527.02
The intermediate term trend has been DOWN since Jul 31st, 2019 at 4583.01
The short term trend has been DOWN since Jul 25th, 2019 at 4695.75
Smart Scan Analysis for SPASIA50
Based on a pre-defined weighted trend formula for chart analysis, SPASIA50 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4269.73 | 4301.50 | 4241.70 | 4293.20 | +27.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4390.17 | 0 | 2019-08-16 06:33:59 |
| 52wk High | 5615.2 | 52wk High Date | 2018-01-29 |
| 52wk Low | 4075.89 | 52wk Low Date | 2018-10-26 |