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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P Australian Dollar Futures Index ER (CME:SPAUDFP)

Strong Downtrend (-100) - SPAUDFP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPAUDFP continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPAUDFP
Open High Low SPAUDFP Price Change
129.98 130.01 129.24 129.30 -0.64
Entry Signal

MarketClub’s Trade Triangles for SPAUDFP

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 130.02

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 130.59

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 132.16

Smart Scan Analysis for SPAUDFP

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

-100
Smart Scan Analysis for SPAUDFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.98 130.01 129.24 129.30 -0.64
Prev. Close Volume Bid Ask Time
129.94 0 2024-04-18 13:35:30
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