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Index Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

S&P Australian Dollar Futures Index TR (CME:SPAUDFTR)

Sidelines Mode (-55) - SPAUDFTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPAUDFTR
Open High Low SPAUDFTR Price Change
225.82 226.93 225.65 226.39 +0.50
Entry Signal

MarketClub’s Trade Triangles for SPAUDFTR

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 221.18

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 223.72

short term up The short-term trend has been UP since Apr 21st, 2024 at 223.28

Smart Scan Analysis for SPAUDFTR

Based on our trend formula, SPAUDFTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPAUDFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
225.82 226.93 225.65 226.39 +0.50
Prev. Close Volume Bid Ask Time
225.89 0 2024-04-26 15:10:00
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