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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - SPAUDFP is showing signs of a strengthening downtrend. Monitor SPAUDFP as it may be building momentum to the downside.

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
131.55 131.89 131.53 131.58 +0.06
Entry Signal

MarketClub’s Trade Triangles for SPAUDFP

long term up The long-term trend has been UP since May 15th, 2024 at 134.46

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 133.39

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 135.61

Smart Scan Analysis for SPAUDFP

Based on our trend formula, SPAUDFP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPAUDFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.55 131.89 131.53 131.58 +0.06
Prev. Close Volume Bid Ask Time
131.52 0 2024-07-26 16:20:47
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