Index Trend Analysis Report
Prepared for you on Saturday, August 17, 2019.
S&P/ASX Australian Fixed Interest 5-10 Year Index (CME:SPBDAS5T)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPBDAS5T
The long term trend has been UP since Dec 19th, 2018 at 159.567
The intermediate term trend has been UP since Jul 23rd, 2019 at 174.907
The short term trend has been UP since Aug 14th, 2019 at 179.372
Smart Scan Analysis for SPBDAS5T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAS5T scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||157.872||52wk High Date||2018-10-30|
|52wk Low||150.649||52wk Low Date||2018-04-24|