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Index Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

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

Bull Market Weakness (+75) - SPAUDFP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAUDFP as it may be in the beginning stages of a reversal.

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
134.70 137.26 134.70 137.11 +2.41
Entry Signal

MarketClub’s Trade Triangles for SPAUDFP

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 138.22

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 127.83

short term up The short-term trend has been UP since May 26th, 2020 at 136.51

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
134.70 137.26 134.70 137.11 +2.41
Prev. Close Volume Bid Ask Time
126.96 0 2020-05-26 09:31:35
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