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Index Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

S&P/ASX Australian Fixed Interest 0-20 Year Index (CME:SPBA20T)

Long-Term Downtrend (-90) - SPBA20T is in a strong downtrend that is likely to continue. While SPBA20T 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 SPBA20T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA20T.

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

CME_SPBA20T
Open High Low SPBA20T Price Change
158.50 158.94 158.32 158.79 +0.46
Entry Signal

MarketClub’s Trade Triangles for SPBA20T

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 162.03

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 164.17

short term down The short-term trend has been DOWN since Nov 10th, 2021 at 159.03

Smart Scan Analysis for SPBA20T

Based on our trend formula, SPBA20T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBA20T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.50 158.94 158.32 158.79 +0.46
Prev. Close Volume Bid Ask Time
158.79 0 2021-11-25 20:29:25
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