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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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

Long-Term Downtrend (-90) - SPAUDFP is in a strong downtrend that is likely to continue. While SPAUDFP 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 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
128.87 129.56 128.78 129.40 +0.63
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAUDFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.87 129.56 128.78 129.40 +0.63
Prev. Close Volume Bid Ask Time
128.77 0 2024-04-19 11:41:45
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