Index Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
S&P/ASX Australian Fixed Interest 15-20 Year Index (CME:SPBA52T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBA52T
The long term trend has been DOWN since Nov 7th, 2019 at 173.22
The intermediate term trend has been UP since Nov 20th, 2019 at 177.66
The short term trend has been DOWN since Dec 2nd, 2019 at 177.43
Smart Scan Analysis for SPBA52T
Based on a pre-defined weighted trend formula for chart analysis, SPBA52T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).