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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Pan Asia BMI Telecommunication Services Industry Group (US Dollar) (CME:SPAU28B)

Long-Term Downtrend (-90) - SPAU28B is in a strong downtrend that is likely to continue. While SPAU28B is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPAU28B?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU28B.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPAU28B
Open High Low SPAU28B Price Change
70.99 71.29 70.95 71.26 +0.53
Entry Signal

MarketClub’s Trade Triangles for SPAU28B

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 71.83

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2024 at 76.43

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 77.73

Smart Scan Analysis for SPAU28B

Based on our trend formula, SPAU28B is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAU28B
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.99 71.29 70.95 71.26 +0.53
Prev. Close Volume Bid Ask Time
70.73 0 2024-04-19 03:41:19
52wk High75.5852wk High Date2018-01-29
52wk Low62.9152wk Low Date2018-11-01
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