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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P/ASX Australian Fixed Interest 0-20 Year Index (CME:SPBA20T)
Bull Market Weakness (+75) - SPBA20T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBA20T as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SPBA20T
The long-term trend has been DOWN since Apr 25th, 2024 at 150.21
The intermediate-term trend has been UP since Jul 16th, 2024 at 153.71
The short-term trend has been UP since Jul 25th, 2024 at 153.60
Smart Scan Analysis for SPBA20T
Based on our trend formula, SPBA20T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.72 | 153.72 | 153.56 | 153.69 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.70 | 0 | 2024-07-26 03:49:52 |